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Houses in foreclosure for 2010 tied the previous record for highest foreclosure totals. Some have criticized federal efforts aimed at preventing foreclosures.

Bank owned land foreclosures and distressed homes continue to drag housing prices down in Philadelphia. Sales of existing dwellings were also down in February.

Bank owned condo foreclosures and foreclosed residential properties had precipitated lifestyle changes. In California, most communities have already adjusted.

The number of bank foreclosure homes filings in California declined by 17.5 percent in 2010 compared to 2009. This means fewer homeowners were distressed.

Foreclosure houses for sale are popular among the current crop of homebuyers, realtors reported. However, most of them are looking for a well-maintained house.

Bank foreclosures should diminish in number for housing prices to rise. It is necessary a price increase to herald a U.S. housing recovery.

Everyone has definitely heard about foreclosure investing as a profitable venture. But before you indulge in some buying spree, here are some things that you need to know about bank owned properties.

The number of new houses sold in the U.S. in November was less than what economists predicted. According to analysts, unemployment and the presence of listings of bank-owned homes affected the result.

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.

The number of REO homes, foreclosed dwellings, and distressed residential properties is expected to decline in Allen County in 2011. The prediction signals an improvement in the market, analysts stated.