Group items tagged

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.

FSBO properties sellers and potential buyers are taking note of developments over the issue of transfer fees. A proposal to ban the fees was recently revised.

Fixer upper repossessed properties and other types of residences posted further declines in prices in Nashville. In January, home prices dropped by nearly 4%.

A new special overseer for repossession homes for sale will ensure foreclosure laws are being complied with. The move is an effort to curb any illegal practice.

In 2010, buyers of foreclosure homes for sale enjoyed as much as 28 percent discount. This could mean further decline in home prices as supply of repos grows.

Broker homes sold mostly for cash in Nevada in January. Cash buyers have reportedly become power players in the housing market of the state and the whole U.S.

Bank repossessed property for sale and regular homes posted positive sales figures in some areas of New York. Data for February showed sales up in some markets.

The number of foreclosure-related Lis Pendens filings in North Carolina reached record levels in 2010. The three biggest counties in the state also posted the highest filings totals for the year.

Invest repossessed houses for sale activities continue to thrive in Massachusetts in January 2011. The number of buyers that purchased houses increased.

Cheap homes for sale and empty foreclosed houses continue to increase in certain Michigan neighborhoods. The problem prompted nonprofits to set up a task force.

Arizona has sued Bank of America for allegedly misleading foreclosure owners seeking loan modification. The state alleges that the lender has contributed to the high number of residential and condo repossessed houses in the area.

Economists expect demand for pre foreclosed properties and new houses to rise in 2011. Sales of housing units are projected to rise for the year as military population continue to expand in the area.

Cheap land for sale and commercial properties are expected to sell better in Indiana in 2011. Analysts are predicting a commercial property market revival.

Real estate owned foreclosures for sale increased in San Francisco. In the past few years, the area had one of the lowest rates of foreclosure in California.

Bankruptcy homes for sale and foreclosed properties will continue to hinder the economic growth of Oregon. However, the state's other indicators are improving.

Short sales and foreclosures are accounting for a big percentage of housing sales in Texas. Foreclosure postings increased in some areas in the first quarter.

"RBI's move to keep the repo rate unchanged was an expected one considering the recent rate cuts. However, several measures like increase in bank lending to productive sectors & foreign portfolio investors being allowed to invest in G-secs after their investment limits are utilized signal the central bank's pro-activeness to mobilize the Indian economy. With CAD & inflation targets well within control & GDP estimates of 7.6%, the Indian economy seems headed for a good financial year ahead. We would expect Banks to reduce home loan rates further in this fiscal and encourage the fence sitter to take a decision to give a much needed boost to the Real Estate sector".

Real estate brokers in Utah saw some improvements in the home buying market in December 2010. Sales of houses in the state were low for the full year, but picked up in the last month of the period.

The list of repossessed homes in Oregon continues to rise. However, a lot of families are able to have their own homes with the help of Habitat for Humanity.

Tax foreclosures and other types of existing dwellings recorded higher sales figures in Tampa in January. Sales in the existing home segment rose by over 14%.