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James Foxx

More Investors Showed Interest in Foreclosures for Sale in March - 0 views

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    Foreclosures for sale and low-priced distressed properties are attracting rising number of investors. In the first week of March, mortgage applications surged.
James Foxx

Foreclosed and REO Homes Problem to Remain the Same in 2011 - 0 views

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    REO homes and foreclosed houses are expected to continue to remain high in 2011. According to analysts, recovery is unlikely this year, but may come in 2012.
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

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

Sales of Residential Pre-Foreclosure Properties Up in Seattle - 0 views

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    Residential pre-foreclosure properties and non-foreclosed homes posted improved sales figures in Seattle in December. Month-over-month change was over 20%.
James Foxx

Chase Opens Center to Aid Borrowers Avoid Home Repossessions - 0 views

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    To avoid home repossessions, JP Morgan Chase plans to open several centers to provide aid to troubled borrowers. To date, there are already 51 similar centers.
James Foxx

Filings for Bank Foreclosures May Rise Further in 2011 - 0 views

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    Housing experts stated that there is a possibility that filings for bank foreclosures will rise again 2011. Most of them believe that the peak of the home industry crisis will occur during the year.
James Foxx

People Flipping Repo Houses Found a Huge Market in Michigan in 2010 - 0 views

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    Investors involved in flipping repo houses found Michigan a profitable market in 2010 as repossessions reached record levels in the area. The state was seventh countrywide in terms of foreclosures.
James Foxx

Sales of New and Pre Foreclosed Properties to Increase in 2011 in El Paso - 0 views

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    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.
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