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James Foxx

Dip In Bank Owned Rental Property Supply Seen - 0 views

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    The number of bank owned rental property in Puget Sound may be dipping. Real estate developers are now being talked into unloading more of their remaining units.
James Foxx

Home Prices in Nebraska Not As Affected by REO Bank Owned Properties - 0 views

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    REO bank owned and foreclosed properties are not as high in Nebraska as in other U.S. states. This allowed home sellers in the region to maintain prices.
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

Distressed Homes and Bank Owned Land Foreclosures Drag Prices Down - 0 views

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

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

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

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

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

Sales of Bank Owned Residential Properties and Foreclosures Decline - 0 views

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    Bank owned residential properties and foreclosed property sales declined in Virginia last year. However, some counties are still mired in foreclosure problems.
James Foxx

Real Estate Owned Properties Effects - 0 views

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    The many real estate owned properties in the market are dragging home prices down. It is also a factor in the fewer building permits issued last January.
James Foxx

Lenders Pursue Borrowers Even After Bank Owned Land Sale - 0 views

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    Bank owned land sale and residential foreclosure sales often fail to get enough to cover outstanding debts. Lenders are using mortgage deficiency to get more.
James Foxx

Prices Improve Despite Supplies of Homes in Bank Foreclosure Listings - 0 views

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    Homes in bank foreclosure listings remained high in most areas of New Orleans last year. However, they did not prevent Orleans Parish prices to gain strength.
James Foxx

Distressed Homes and Bank Owned Condo Foreclosures Changed City Life - 0 views

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

Vacant Fixer Upper Homes for Sale and Empty Homes Multiply in the Region - 0 views

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    Fixer upper homes for sale and empty homes have increased in most areas of Illinois. The vacant premises are affecting property taxes and revenue in the region.
James Foxx

Commercial Property and Condo Foreclosures Jumped in Fort Worth - 0 views

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    Condo foreclosures and other commercial property foreclosures rose in Fort Worth and Dallas in 2010. The increase was almost 40% compared with 2009 levels.
James Foxx

More Buyers Expected to Purchase Bank Owned Repos in 2011 in California - 0 views

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    Contracts to purchase bank owned repos and other residential properties are expected to rise in California. For 2011, realtors predict more buying activities.
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