Archive for the 'cities' Category

Charlotte foreclosures helped push down home prices and drove up sales in February and March, based on data from local realtor associations and research firms.

Houston foreclosures contributed to the sharp fall in property tax values in Harris County, where Houston is the county seat, according to data from the Harris County Appraisal District.

Realtors and other business leaders gathered to listen to Washington, D.C.-based economist Lawrence Yun talk about matters affecting Corpus Christi foreclosures and foreclosures for sale in Texas.

The slowdown in the pace of Memphis foreclosures could be an indication that a recovery is nearing, based on sales and foreclosure data from the Memphis Area Association of Realtors and research firms.

The number of Dallas foreclosures posted for the April foreclosed home auctions this year broke the record number of foreclosures posted for the July 2009 auctions, based on data from a Texas-based real estate research company.

The overvaluation of homes during the real estate boom has been one of the chief reasons for the staggering numbers of Miami foreclosures, according to a report on real estate values by IHS Global Insight.

Foreclosures in Albuquerque surged in January, as mortgages in the city reset to higher rates and the unemployment rate climbed up, according to local researchers and analysts.

Some families and investors are choosing foreclosures in Mesa over foreclosed homes in Phoenix. These buyers are looking more at living conditions in neighborhoods than on price discounts.

Failed condo and multifamily projects continue to push up foreclosures in Miami, based on commercial foreclosure filings in Miami-Dade County.

The mortgage debt forgiveness program of Bank of America may further slow down foreclosures in Los Angeles, as the Home Affordable Modification Program had relatively more impact in Los Angeles County than in other areas.

Cleveland foreclosures for sale surged, driving down home prices and causing the city to miss the price recovery being experienced by fellow Ohio cities Cincinnati and Columbus.

Atlanta foreclosures for sale surged again in March, affecting census and property taxation in the metro area.

Another batch of bargain-priced Detroit foreclosed homes for sale has been offered at auction by a private auction firm this month. Additional units are available for buyers at certain real estate websites.

The inventory of Orlando foreclosed homes for sale dropped in February, spurring an improvement in house prices in the metro area, based on figures from the Orlando Regional Realtor Association.

Housing projects abound despite the continued affordability of Indianapolis foreclosed homes for sale.