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James Foxx

Bank Foreclosures Declined in Southeastern Massachusetts - 0 views

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    Bank foreclosures dipped in the region of Southeastern Massachusetts in February 2011. Analysts stated though, that it is still too early to expect a recovery.
James Foxx

Rising Bank and Federal Foreclosed Homes Irked Florida Judges - 0 views

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    Federal foreclosed homes and bank foreclosures continue to rise in Florida. A number of cases reportedly involve faulty documents which angered state judges.
James Foxx

Oversupply of Home and Land Foreclosures for Sale Hurt Home building - 0 views

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    Land foreclosures for sale and foreclosed residential properties continue to edge out new homes. The drop in nationwide housing starts was heavily felt in Utah.
James Foxx

Foreclosure Tax Deed Sales Worry Housing Analysts - 0 views

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    Foreclosure tax deed sales and low number of housing units sold are threatening the Virginia housing market. Analysts stated that the recovery could stall.
James Foxx

Foreclosure Filings and Bank Owned Home Auction Properties Fell in SC - 0 views

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    Bank owned home auction properties and foreclosure-related filings declined in South Carolina in February 2011. The biggest drop was in Greenville metro area.
James Foxx

Bank Owned REO and Foreclosure Numbers Rise in Alabama - 0 views

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    Bank owned REO and foreclosed property numbers jumped in Alabama in February 2011 compared with month-ago levels. The increase from January was more than 20%.
James Foxx

Foreclosed Bank and HUD Houses Outnumber Short Sales - 0 views

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    Foreclosed HUD houses and bank foreclosures outnumber short sales by a huge margin in California. Agents claim that banks are reluctant to approve short sales.
James Foxx

Confidence Over Investing in Bank Foreclosed Properties Improves - 0 views

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    Investing in bank foreclosed properties has become more attractive. A survey showed that almost 70% of respondents believe that housing values are rebounding.
James Foxx

Bank Foreclosed House for Sale Owners Call for Legislative Actions - 0 views

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    In Utah, owners of bank foreclosed house for sale called on the state Legislature to take further actions on foreclosures. They are being aided by advocacy groups.
James Foxx

Military Homeowners with Lis Pendens Foreclosure Problems Get Help - 0 views

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    The lis pendens foreclosure problems of U.S. military homeowners are being addressed by Bank of America. The bank has launched several programs for soldiers.
James Foxx

Omaha Market Considered Strong Despite Bank Foreclosures Short Sales - 0 views

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    Bank foreclosures short sales and other types of houses posted higher sales in Omaha in 2010. For the current year, analysts are expecting more improvements.
James Foxx

Bank Foreclosed Homes Buyers Find Home Equity Loan a Challenge - 0 views

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    Bank foreclosed homes buyers trying to secure a home equity loan will face various hurdles. Analysts have asserted that not a lot of applicants get approved.
James Foxx

Problem Properties Might Swell Number of Bank and FHA Foreclosures - 0 views

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    FHA foreclosures and bank foreclosure numbers in Illinois might increase in the coming months. A proposal to use foreclosure as punishment has been put forward.
James Foxx

Bank Owned Homes for Sale Expected to Influence Subdivision Project - 0 views

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    Bank owned homes for sale remain high in Michigan, causing analysts to question the soundness of new subdivisions. In Flint, an old one is set to be restarted.
James Foxx

Demand for Government Repossessed Homes Counseling Remains High - 0 views

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    Government repossessed homes and bank foreclosure numbers have remained low in some Illinois areas. However, homeowners are still seeking counseling services.
James Foxx

Las Vegas Existing and Distressed Properties Sales Drop - 0 views

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    Sales of distressed properties and other existing homes for sale declined slightly in Las Vegas in January. Meanwhile, new home prices climb up.
James Foxx

Fannie Mae Repo Homes and Foreclosures Pull Property Values Down - 0 views

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    Fannie Mae repo homes and foreclosed dwellings have been blamed for the continuous decline of property values. In Maricopa, values are down for the fourth time.
James Foxx

Surge of Bank Owned Rental Properties Offer Opportunities to Builders - 0 views

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    Bank owned rental properties and foreclosures caused home building to slowdown in Omaha. However, builders stated that there is a positive side to all of this.
James Foxx

Luxury Homes Challenged Cheaper Tax Lien Foreclosure Properties - 0 views

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    Tax lien foreclosure properties have taken a huge bite out of luxury residences' sales in the past. In Massachusetts, however, 2010 luxury home sales were up.
James Foxx

Bank Repossessions and Foreclosures Continue to Hit House Building - 0 views

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    Bank repossessions and foreclosures in Tennessee hammered the house construction market last year. Values of home building contracts declined in 2010.
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