Sheriff auctions and foreclosures hit the commercial property market of New Jersey in 2010. Although filings dropped, foreclosure numbers remained high.
Those who purchase foreclosures for sale might be getting more non-foreclosed options this year. Construction activity is up in the new home market in January.
Federal homes and bank foreclosures continue to drag the new home market down. Analysts reported that the price gap between new and foreclosed homes has grown.
REO properties and foreclosures remain a problem in New York and labor unions have weighed in on the issue. They reportedly made an offer to JPMorgan Chase.
Foreclosure property at auctions is still a major concern in New York and housing advocates are calling for more help. They are campaigning for state funds.
Foreclosure investing might end up becoming almost non-existent in some New Jersey areas this year. Census reports showed that populations have declined.
Foreclosure short sales are still deemed too long by most parties, a survey has revealed. Majority of real estate agents believe that changes are needed.
Freddie Mac homes and foreclosure numbers may rise in New York City in the coming years. Some analysts stated that the crisis hit the city later than others.
Assistance to stop a foreclosure auction offered by private firms is the target of a current measure in Trenton. The measure aims to prevent fraudulent actions.
Government tax lien properties and bank foreclosures are still abundant in Milwaukee. However, home builders believe that new houses will be able to compete.
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.
Foreclosed residential properties in New York remained low last month compared with most U.S. states. The region was ranked 43rd in terms of foreclosure rate.
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Government homes for sale and bank foreclosures colaborated to the poor performance of the new housing in Indiana last year. This is what realtors said.
Many potential buyers in Naples real estate market are looking for possible short sales, pre-foreclosures, or foreclosed properties. Their search begins with reading that the state of Florida is one of the states with the highest number of foreclosures.
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Sheriff sale houses and properties up for foreclosure auction declined in the whole New York City last month. Year-over-year decline was pegged at almost 60%.