Archive for the 'cities' Category

An intervention has been made to save a retail development project from Chicago foreclosures for sale. The city of Chicago in Illinois has decided to intervene to save the Block 37 retail development project from foreclosure attempts of the Bank of America Corp.

Fort Worth foreclosures for sale grew in the residential sector in the three-month period ended September as home loan defaults rose, based on data from the Mortgage Bankers Association and from a foreclosure research firm.

Pittsburgh foreclosures for sale curtailed home price increases in the July-September quarter, based on data from the National Association of Realtors.

Phoenix foreclosures for sale have been growing in the commercial and industrial sectors, based on several published reports of industrial and commercial foreclosure sales in the Phoenix metro area in recent weeks.

Philadelphia foreclosures for sale dropped in number in October, but defaults on residential construction mortgages loomed as more banks report on problems with their housing development loans.

Orlando foreclosures for sale are still high in number despite a decrease in foreclosure postings in October, based on a foreclosure report released by a real estate research company based in California.

Bank foreclosures listings in the San Francisco Bay Area slowed in October, but defaults continued to rise, based on data from a real estate firm that tracks nationwide foreclosures.

Miami foreclosures for sale have been rising in number in the multifamily sector. Investors interested in apartment, condominium and other multifamily properties can take a look at these properties which are being foreclosed and repossessed by banks in Miami.

Bank foreclosures for sale pushed house sales up and drove prices down in the Twin Cities of Minnesota in October, based on reports from realtor associations in the

About 50 families living in Fort Worth foreclosures for sale are given a chance to remain in their houses. The Texas city has helped 50 lower-income families become first-time buyers under a federal initiate aimed at reducing the number of foreclosure properties.

Los Angeles foreclosures for sale slowed in October as banks held off pursuing foreclosure actions on defaulting mortgages and complied with state moratorium and federal loan modification programs.

The percentage of Las Vegas foreclosures for sale that closed in October declined, but the percentage was still high, keeping at bay home price increases, based on data from the Greater Las Vegas Association of Realtors.

Bank foreclosure listings have been slowing in Sarasota County, Florida as banks delay foreclosure proceedings and postpone releasing foreclosure properties to the market.

Jacksonville foreclosures for sale are expected to keep the city's recovery at bay despite expectations by some housing analysts that the city will rebound sooner than other Florida cities.

Indianapolis foreclosures for sale declined in number in the July to September quarter, but vacant foreclosed homes continue to be of concern to residents and officials of Indianapolis and Marion County.