Archive for the 'Foreclosure Rates' Category

The foreclosure market in this country is still in a precarious position, with a lot of uncertainty with sellers and agents. But, for buyers, the market continues to represent plenty of opportunity to invest and buy distressed properties for pennies on the

The foreclosure market continues to grow across the country, and rates are mostly either rising or remaining flat. But, in some areas, foreclosure rates are actually falling – although the reason may not be what you would

We track several indicators here to give you a good idea of where the market is heading and how you can take advantage of the trends and patterns evident in the marketplace. Two of those indicators include new home sales figures and existing home sales figures. These give a good idea of the overall health of the housing market as a whole, and when combined with insight into foreclosures, can give you a good picture of what you can expect in the [...]

In comparison to the first quarter of 2010, the nation’s foreclosure rate is down 27% providing great news for those hoping for a real estate market recovery. This news indicates that recovery is occurring albeit

We’ve been covering the foreclosure market and the impact it has had on cities all over the country. Despite the seriousness of the situation, and the widespread effects we’ve noticed, a few cities have seemed to defy the trend and remain relatively

Nationwide statistics showed that around 40,000 Indiana home buyers took advantage of the federal government's tax credit program. The high number of foreclosures in Indianapolis and in other areas of the state resulted in more home buyers seeking help from the government.

Bank foreclosed home listings are expected to grow further as the number of prime borrowers defaulting on their home loans continued to increase sharply, based on data from the U.S. Office of the Comptroller and Office of Thrift Supervision.

Queens bank foreclosures topped all other county filings in

San Francisco foreclosures for sale accounted for almost 32 percent of all house sales in October, based on data from a market research provider.

San Antonio foreclosures for sale reached their highest level this year in more than two decades, according to a Texas-based firm that tracks foreclosures.

Home sales in Santa Clara County, California jumped by 17 percent last month, buyed by bank foreclosure properties for sale. The increase in total home sales in September compared with the same month a year ago is due to low mortgage rates and the flood of first-time buyers who want to take advantage of the $8,000 federal tax credit before it expires by the end of November.

An estimated 44 percent of all homeowners in the metro Toledo area in Ohio saw the values of their properties dropped less than their outstanding mortgages. As of June 2009, there were 61,155 houses with negative equity in the counties of Lucas, Ottawa, Fulton and Wood. The combined total value of properties with negative equity amounted to $7.2

Some industry experts in San Luis Obispo County, California are having a field day pointing out signs that the housing market is mending, albeit at a slow pace. They cited historically low home prices which they claimed could mean that the market has reached its

A national study of the foreclosure market showed that the metropolitan area of Kansas City in Missouri experienced a decline in foreclosure activity in the first six months of the

Industry experts said that commercial and bank owned foreclosure will continue to increase and dominate the real estate market in various regions in the country. Reports were recently released that supported this claim.