Archive for the 'cities' Category

Denver foreclosures are still high compared to other metro areas, but home values, home prices and sales of homes from builders in the city have been improving, based on reports from real estate research companies and from the Colorado Division of Housing.

Brooklyn foreclosures soared by more than 300 percent in November, based on a foreclosure report released by a real estate research company.

Detroit foreclosures are being contained by the Home Affordable Modification Program based on data recently released by the U.S. Treasury Department.

Bronx foreclosures should not be sold to opportunistic landlords, according to tenant advocacy groups and residents of Bronx and other parts of New York City.

Dallas and Fort Worth foreclosures surpassed 61,000 residential units this year, according to data from the Mortgage Bankers Association.

Atlanta foreclosures have pulled down three more banks as unpaid commercial and residential real estate loans became too heavy for the three banks to bear.

Tampa foreclosures for sale drove record home sales in October, based on data from the Greater Tampa Association of Realtors and Florida Realtors.

Stockton foreclosures for sale climbed back up in November as the economy slumped, based on data from Associated Press, the California Department of Employment Development and a California-based foreclosure tracking firm.

San Jose foreclosures for sale contributed significantly to the reduction of total home values in the area by $9.3 billion since the start of the year, based on data from a real estate marketing company. The loss represented nearly 3 percent of total home values in the area.

Foreclosure houses for sale in Minneapolis, including more than 140 residential units seized by state officials in the northern part of the city last year from a fraudulent mortgage scheme, will be fixed and resold under the expanded Minneapolis Advantage program.

Bank owned properties listings in Olympia, Washington will soon include plenty of developed and unimproved home lots if real estate investor Tri Vo fails to negotiate with his Seattle-based lender HomeStreet Bank, which has filed foreclosure actions on his residential properties.

Chicago foreclosures for sale pulled down home prices during the three-month period ended September 30, although total sales of previously owned homes increased by 2.4 percent, according to the Illinois Association of Realtors.

The number of Houston foreclosures for sale that closed in October decreased, but overall sales of single-family houses rose by more than 14 percent, based on sales data published by the Houston Association of Realtors.

Hialeah foreclosures for sale are still high in number because of the still large number of homeowners submerged by negative equity.

The still large number of Fort Lauderdale foreclosures for sale has been holding back home price increases in the Fort Lauderdale, Miami and Pompano Beach metro area, based on reports from Florida Realtors and real estate research companies.