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James Foxx

Foreclosures and Short Sales of Distressed Homes Weigh Down Prices - 0 views

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    Short sales of distressed homes and foreclosures continue to weigh down prices in Nashville. For February, home prices were down by more than 3% from last year.
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

Sales at Home Foreclosure Auctions Up in Some Areas of Tennessee - 0 views

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    Home foreclosure auctions posted higher sales in February 2011 in some areas of Tennessee. Overall residential sales jumped month-over-month by more than 10%.
James Foxx

Prices of Fixer Upper Repossessed Properties Continue to Drop - 0 views

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

House Flippers Face Challenges from Foreclosures and Short Sales - 0 views

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    Short sales and bank owned homes are providing tough competition to home flippers. In Nashville, the number of foreclosures and short sales continue to rise.
James Foxx

Sales of Memphis Homes in Sheriff Auction Decline - 0 views

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    The number of Memphis homes being sold in sheriff auction and other foreclosure sales dropped in the last quarter of 2010. Sales dropped by 57 percent.
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

Cheap Land for Sale Remain While Prices of Homes Improve - 0 views

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    Cheap land for sale can be found in some areas of Tennessee, but houses in most markets became less cheap. Quarterly data showed improvements in home prices.
James Foxx

Owners of Bank Foreclosure Homes Get Help from Local Counselors - 0 views

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    owners of bank foreclosure homes in Chattanooga are getting assistance from a local counseling program. The program is supported by U.S. federal government funds.
James Foxx

Bank and Federal Home Listings Problem Gave Way to Mobile Houses - 0 views

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    While bank foreclosures and federal home listings continue to pose problems on Tennessee's home market, mobile homes are starting to make a comeback. Sales of refurbished mobiles have risen in the area.
James Foxx

Buyers Should Take Advantage of Foreclosure Condos for Sale - 0 views

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    Home brokers in Tennessee believe that 2011 would be a good time to buy foreclosure condos for sale. According to them, it will be a buyer's market this year.
James Foxx

Residential and Townhomes Foreclosures Fell in Hamilton in 2010 - 0 views

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    The number of townhomes foreclosures declined in Hamilton County last year. It was the first time the area recorded a decline within a six-year period.
James Foxx

Foreclosures and Bank Owned Repos Contribute to Ownership Costs - 0 views

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    Home ownership became more expensive in Chattanooga since 2000, according to housing market data. Analysts stated that supplies of foreclosures and bank owned repos played a role in increasing costs.
James Foxx

Prices of Houses Like Government Foreclosures for Sale Fell in TN - 0 views

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    Prices of residential properties, including bank and government foreclosures for sale, declined in some areas of Tennessee in November. Memphis was one of the areas that experienced a decline in housing prices for the month.
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