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Foreclosures for sale and low-priced distressed properties are attracting rising number of investors. In the first week of March, mortgage applications surged.

Foreclosure investment is a way to get rid of distressed properties in neighborhoods. In Indiana, local officials are not waiting for investments to pick up.

Listings of short sales and foreclosures are providing Michigan with homes to restore. The state is using NSP funds to rehabilitate and sell distressed houses.

Foreclosed duplex homes for sale and distressed homes are projected to rise in Cleveland County in 2011. Underwater loans are the reason for the projection.

In February, bank foreclosures and distressed houses accounted for a large percentage of home sales in Phoenix. Over 3,600 foreclosures were sold for the month.

Chicago recorded higher number of foreclosures in 2010 compared with the previous year. According to real estate brokers, a big percentage of houses for sale in the city was foreclosed or distressed.

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.

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Pre foreclosure properties and distressed homes continue to hinder home building activities in Indianapolis. Construction permits fell in the area in February.

A developer of luxury condominiums in one of Mumbai's popular business districts is seeking private equity funds to buy distressed assets from rivals reeling under record debt. Sunteck is among those real estate companies that emerged relatively unscathed from the global meltdown and also from a domestic slowdown, even as bigger rivals found themselves holding excess inventory amid dwindling sales and were unable to shift their properties when they needed to do it quickly.

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.

Bankruptcy sale listings homes and empty distressed properties needing attention have enough funds in Minneapolis. Some of it will be used on other projects.

Commercial foreclosures and distressed homes both contributed to the home building downturn in Denver. Home construction was up in 2010, but remained poor.

Multifamily properties foreclosures and distressed single family homes continue to rise in Arizona. Numbers keep rising despite foreclosure-mitigation efforts.

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

Government foreclosures and bank foreclosure processing might soon become simpler in Florida. A legislative bill meant to speed up the procedure has been filed.

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For people buying VA homes for sale, Maryland might have offered fewer options last year than before. Foreclosure numbers in the state dropped in 2010.

Foreclosed condos and homes are still being sold at prices higher than what the market can afford. Analysts stated that the right price is the key to selling.