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James Foxx

Bank Owned REO and Foreclosure Numbers Rise in Alabama - 0 views

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    Bank owned REO and foreclosed property numbers jumped in Alabama in February 2011 compared with month-ago levels. The increase from January was more than 20%.
James Foxx

Foreclosed Bank and HUD Houses Outnumber Short Sales - 0 views

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    Foreclosed HUD houses and bank foreclosures outnumber short sales by a huge margin in California. Agents claim that banks are reluctant to approve short sales.
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

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 House for Sale Owners Call for Legislative Actions - 0 views

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    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.
James Foxx

Military Homeowners with Lis Pendens Foreclosure Problems Get Help - 0 views

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    The lis pendens foreclosure problems of U.S. military homeowners are being addressed by Bank of America. The bank has launched several programs for soldiers.
James Foxx

Interest in Residential Properties and Bank Owned Land Up in January - 0 views

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    Bank owned land and residential properties in Minneapolis are gaining the interest of buyers. Home pending sales were up in the area in January from a year ago.
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

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

Demand for Apartments and Bank Owned Rentals High in Salt Lake - 0 views

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    Bank owned rentals and apartments are in high demand in Salt Lake City. This has resulted in a number of properties getting converted into rental dwellings.
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

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

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

Impact of Oversupply of Bank Foreclosure Homes for Sale Waning - 0 views

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    Bank foreclosure homes for sale numbers remain high in most U.S. areas, but analysts stated that housing is getting better. Prices are stabilizing in markets.
James Foxx

Demand for Government Repossessed Homes Counseling Remains High - 0 views

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    Government repossessed homes and bank foreclosure numbers have remained low in some Illinois areas. However, homeowners are still seeking counseling services.
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

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

Fannie Mae Repo Homes and Foreclosures Pull Property Values Down - 0 views

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    Fannie Mae repo homes and foreclosed dwellings have been blamed for the continuous decline of property values. In Maricopa, values are down for the fourth time.
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.
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