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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

Foreclosure Houses for Sale Popular Among Current Buyers - 0 views

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    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.
James Foxx

Realtors Favor Short Sales to Lower Bank REO Properties for Sale Totals - 0 views

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    Bank REO properties for sale and foreclosure numbers remain high in California. Realtors are promoting short sales in an effort to stop foreclosure increases.
James Foxx

Number of Home Foreclosures for Sale Declined in the U.S. - 0 views

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    Home foreclosures for sale numbers in the U.S. dropped to their lowest points in three years last February 2011. The drop from a year ago was over a quarter.
James Foxx

Bank Foreclosed Homes Buyers Find Home Equity Loan a Challenge - 0 views

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    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.
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

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

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

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

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

Number of Bank Foreclosures Need to Decline for Home Market to Recover - 0 views

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

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%.
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