Many potential buyers in Naples real estate market are looking for possible short sales, pre-foreclosures, or foreclosed properties. Their search begins with reading that the state of Florida is one of the states with the highest number of foreclosures.
Pre foreclosures for sale, despite their low prices, are being edged out by apartments. In Indiana, sales of houses and condos have dipped as more people rent.
Pre foreclosure listings offer some of the cheapest homes around. This perception is what homebuilders in Phoenix are trying to change to get more buyers.
Sales of existing and pre foreclosure homes dropped nationwide, including in Seattle, last February. This is the first time sales dropped after 3 months of increases.
Foreclosed homes listings continue to create huge problems for the U.S. housing industry. Lawmakers are focusing on mortgage servicers to address the problem.
Pre foreclosure properties and distressed homes continue to hinder home building activities in Indianapolis. Construction permits fell in the area in February.
Properties on foreclosure list in the U.S. might rise again in the coming months as underwater loan issue escalates. Over 11 million households are underwater.
In February, sale of pre foreclosures and processing of foreclosed properties slowed down in Virginia. The number of filings also dropped in the region.
Pre foreclosure listings have taken a back seat to apartment properties. In Myrtle Beach, more people prefer to rent than purchase low-priced foreclosed homes.
Real estate brokers might be brokering more new homes in Denver this year as housing starts rise. However, analysts do not expect a return to pre-crisis levels.
Pre foreclosure sale and other residential property sales figures were up last month in Portland. However, both median and average selling prices declined.
Pre-foreclosures and other residential properties posted an increase in sales in some areas of Missouri last December. However, full year sales were down.
Pre-foreclosures and non-foreclosed homes in Boston are expected to record another price drop in 2011. A double digit decline is projected for the metro area.
Residential pre-foreclosure properties and non-foreclosed homes posted improved sales figures in Seattle in December. Month-over-month change was over 20%.
Pre foreclosure homes and foreclosure impacts are passed on to taxpayers, analysts claim. According to them, the public loses every time there is a foreclosure.
Foreclosure homes for sale continued to make life difficult for homebuilders in the U.S. last year. For 2011, analysts predict that it will be much the same.
Pre-foreclosures and other residential properties in Oklahoma failed to impress buyers last year. Sales figures in 2010 were the worst for the whole decade.