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James Foxx

Low Mortgage Rates Fail to Spur Interest in Foreclosure Listings - 0 views

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    Foreclosure listings have become popular among all-cash buyers, majority of whom are investors. However, regular homebuyers continue to stay out of the market.
James Foxx

Low Mortgage Rates and Declining Home Prices Make Home Buying Ideal - 0 views

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    Mortgage rates have remained low in the U.S., while home prices continue to decline in most markets. The trends are good news for homebuyers, analysts stated.
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

Nonprofit Wants to Buy Foreclosed Commercial Property in Colorado - 0 views

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    Investors who buy foreclosed commercial property in Colorado might get a chance with Express Inn. However, a nonprofit is said to be set to purchase the property.
Ihering Alcoforado

Securitization and Mortgage Renegotiation: Evidence from the Great Depression - 0 views

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    We use loan-level data from the New York City metropolitan area to examine the extent to which lenders attempted to prevent foreclosures with concessionary modifications during the Great Depression. We find no principal forgiveness in the sample and only a handful of concessionary mortgage modifications of other types. Far more mortgages terminated through foreclosure than received any sort of concessionary modification. The results indicate that there are significant impediments to renegotiation of residential mortgages beyond securitization. As such, less renegotiation seems unlikely to be a major cost of securitization of residential mortgages
James Foxx

Cleveland Heights Offers New Rehabbed Bank Repos For Sale - 0 views

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    Cleveland Heights has rehabbed new additional bank repos for sale that are now available on the market. Buyers can now enjoy these newly-renovated homes.
James Foxx

More Families Deciding to Buy Distressed Foreclosure Property For Sale - 0 views

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    When a family decides to buy distressed foreclosure property for sale, serious thinking is done. Many families are still hopeful in gaining home ownership.
James Foxx

Advocates Call for Funds to Address Foreclosure Property at Auctions - 0 views

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    Foreclosure property at auctions is still a major concern in New York and housing advocates are calling for more help. They are campaigning for state funds.
James Foxx

Regular Homes and Repo Property Sales Harder to Unload in 2011 - 0 views

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    Repo property sales will still not have enough buyers in Indiana in 2011, according to analysts. They claim that the state's housing market is still suffering.
James Foxx

Home Foreclosures List Still Climbing, but Delinquency Is Declining - 0 views

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    Home foreclosures list continues to record higher numbers in most parts of the U.S. However, mortgage delinquency rates are starting to decline in most areas.
James Foxx

Distressed House Listings Still Up, but Commercial Market Is Better - 0 views

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    Distressed house listings remain elevated in Tulsa, but the commercial real estate market is getting better. According to analysts, the market is improving.
James Foxx

For Sale by Owner Listings to Compete with Shadow Inventory - 0 views

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    For sale by owner listings in New Jersey will not be easy to sell in the coming months. A report showed that the area has one of the highest shadow inventories.
James Foxx

Cheap Land for Sale and Residential Foreclosures Might Be Abating - 0 views

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    The cheap land for sale and residential foreclosure problem of Dallas seems to be easing down. Latest figures showed that foreclosures for April have gone down.
James Foxx

Demand For St. Louis Condos For Sale Rises As Number Of Young Adults Soar - 0 views

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    The number of young, educated people in downtown St. Louis is fast growing. And, the market for condos for sale is proportionately increasing.
James Foxx

Bill Providing Foreclosure Assistance Programs Passed in Utah - 0 views

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    Foreclosure assistance programs in the form of a bill have been approved in Utah. The bill was the only measure among several to make it past the Legislature.
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

Advocates: Programs Needed to Cut Down Cheap Distressed Homes Numbers - 0 views

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    Cheap distressed homes and foreclosures will rise in Philadelphia if programs are cut, advocates stated. They argued that foreclosure programs are needed.
James Foxx

More Minority Buyers of Properties from Listings of Houses at Auctions - 0 views

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    Listings of houses at auctions in Ohio are expected to gain buyers as the number of Asians and Hispanics rises. Minority populations rose in the past decade.
James Foxx

Rising Bank and Federal Foreclosed Homes Irked Florida Judges - 0 views

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    Federal foreclosed homes and bank foreclosures continue to rise in Florida. A number of cases reportedly involve faulty documents which angered state judges.
James Foxx

Real Estate Brokers Sold More Homes in February in Alabama - 0 views

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    Real estate brokers in Alabama had a better time in February of this year. Sales of homes increased in the region during the month compared with last year.
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