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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

More Homes Ended in Sales of Bank Owned Residential Properties in 2010 - 0 views

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    Sales of bank owned residential properties are expected to rise in 2011 as more foreclosures happened in Springfield in 2010. Foreclosures were up by over 18%.
James Foxx

Residential and Land Foreclosures Grow in Rural Massachusetts - 0 views

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    The number of residential and land foreclosures is increasing in the rural towns of Massachusetts. According to reports, foreclosure rates are climbing higher in towns than in urban areas of the state.
James Foxx

Apartments Rival Bank Owned Foreclosure Auctions - 0 views

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    Bank owned foreclosure auctions offer some of the cheapest residential properties in the U.S. However, majority of Americans still prefer to rent than buy.
James Foxx

New Houses Compete with Foreclosure and Tax Lien Sales in Texas in 2010 - 0 views

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    New houses held their own against residential foreclosures and tax lien sales in Texas in 2010. Housing starts actually rose in some parts of the state during the year despite high foreclosure levels.
James Foxx

New Cases of California Bank Foreclosure Homes Fall in 4Q - 0 views

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    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.
James Foxx

Cold Weather Kept Buyers of Bank Foreclosure Properties Indoors - 0 views

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    Bank foreclosure properties remain unsold in Missouri as potential buyers wait for the winter to end. Snow storms have reportedly put consumer spending on hold.
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

U.S. Reveals Plan for Addressing Foreclosure Homes Problems - 0 views

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    Oversupply of foreclosure homes has created serious problems for the U.S. home market. The administration has proposed a plan meant to address these problems.
James Foxx

Regular Homes and Bank Owned Residential Property Sales Down in CA - 0 views

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    Bank owned residential property sales declined in certain areas of California in February of this year. Prices of homes also dropped year-over-year in February.
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.
James Foxx

Homes at Bank Owned Auctions Posted higher Sales in Albuquerque - 0 views

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    Bank owned auctions and residential non-foreclosure sales recorded higher numbers in Albuquerque in January. However, prices of existing homes were down.
James Foxx

Residential Real Estate in Some California Areas Got Better Last Year - 0 views

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    Some areas of California experienced dwindling foreclosure-related activities last year. The residential real estate markets of counties like San Mateo and Santa Clara posted better figures in 2010.
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.
James Foxx

Foreclosed and Bank Owned Rentals and Sales Improved in Florida - 0 views

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    Sales of existing houses and bank owned rentals surged in most metro areas of Florida last year. The whole state also recorded higher sales in the existing residential property market in 2010.
James Foxx

Residential Homes in Travis County Ranked High in Prices - 0 views

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    Travis County was ranked third in the whole state of Texas in terms of median residential homes prices. Area residences averaged close to $195,000 during a five-year period examined by the U.S. Census Bureau.
James Foxx

Families Face More Problems Other than Oversupply of Bank Owned Repos - 0 views

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    Bank owned repos depressing residential values are not the only problem for U.S. households. Housing costs are also taking a huge percentage of their income.
James Foxx

Pending Sales of Homes and Bank Owned Condos Dropped in Seattle - 0 views

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    Bank owned condos and housing unit pending sales declined in Seattle in January. However, realtors predict that residential sales will be higher this year.
James Foxx

Fewer People to Buy Bank Owned Homes Means a Drop in Price - 0 views

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    There were fewer people who buy bank owned homes and other types of residential properties in November in California. This resulted in the decline of housing prices by over 10% compared with the same month of last year.
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.
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