Archive for the 'cities' Category

A number of San Antonio foreclosures are being countered through bankruptcy filings, based on a report from an Addison-based real estate firm. Troubled homeowners are increasingly using bankruptcy protection to save their homes from foreclosure.

The rate of Philadelphia foreclosures is not as high as in most other large metro areas because of the relatively high number of private and public groups cooperating to prevent foreclosures in the area.

Jacksonville foreclosures in the residential sector soared in 2009 and in January this year and continued its downward pressure on home prices, based on data from foreclosure tracking firms.

Indianapolis foreclosures are still accounting for a big portion of total home sales in the city despite a decline in foreclosure activity in 2009 and in January this year, according to interviews with local realtors.

Foreclosed houses for sale surged in number in Dayton, Ohio in January as unemployment spread out into affluent neighborhoods and rural areas.

Owner occupant buyers and investors can buy foreclosure homes in Ocala, Florida where the median home sales price plunged by 23.4 percent in the final quarter of 2009, the biggest price drop in the nation during the quarter.

Home foreclosures in Phoenix are being aggressively marketed by community and regional banks in Arizona in an effort to wipe out large volumes of repossessed properties in their books.

Search foreclosures for sale in Orlando, Florida, where prices have gone down by 21 percent and where distressed sales comprise two-thirds of home resales.

Find bank foreclosed homes in Miami where the median price for new and pre-owned homes and condos dropped substantially to $155,000 in December 2009. The median marked a 22.5-percent decrease from the December 2008 median of $200,000 median and a sharp decrease of 47 percent from the $290,000 median price in June 2007.

Buy bank foreclosed homes in Las Vegas, optimists say, despite the proliferation of news about the city's severe economic difficulties in recent months.

Bank homes foreclosures in Los Angeles County still put a downward pressure on home prices, as shown in the drop in median prices of houses sold in January, despite a steady improvement in prices since April last year.

House foreclosures for sale in Jackson, Tennessee drove down home prices in the area in 2009, based on data from the Central West Tennessee Multiple Listing Service and local realtors.

Foreclosure homes for sale in Las Vegas this year will be absorbed by the market because of continued demand from real estate investors, according to Dennis Smith, head of Home Builders Research.

Rockford foreclosures drove down home prices by up to 43 percent in 2009 as job losses in the area continued to push more homes into foreclosure.

Cape Coral foreclosures dropped in January, a time more buyers are arriving in the area to look for homes. The first four months of the year are considered the home buying season in Florida because of the influx of out-of-state visitors during these months.