Foreclosures

Foreclosure for Sale Pulled Down Nationwide Home Ownership

The national rate of home ownership dropped for the second quarter this year, showing once more that foreclosure is still a force to reckon with in the current housing
States

Bank Foreclosed Home Filings Up in Oregon in July

Lane County in Oregon saw its foreclosure activity jumped last month. Filings for bank foreclosed home were given to 221 homeowners in July, a jump of 64 percent compared with last
States

Bank Foreclosed Home Listings Rose in Colorado

Colorado counties of Garfield and Mesa saw their bank foreclosed home listings jumped to record levels in the second quarter of 2009.

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States

More Notices of Bank Foreclosed Home Expected in Illinois

August 14th, 2009 by Jason Westmann

Foreclosure actions that have been sidelined because of an Illinois law that gives ample time to distressed homeowners to work out their troubled loans are starting to move in the forefront.

States

Task Force Study: Bank Foreclosure List in Florida Surging

August 14th, 2009 by Peter Vernon

A look at the foreclosure rate increases in Florida for the last three years would make one conclude that the crisis is not slowing down and will continue to bring more pain to homeowners in the area.

Foreclosure Crisis

More California Bank Foreclosed House Expected Due to Negative Equity

August 13th, 2009 by Simon Lindsay

More and more homeowners in East Bay area in California are seeing their home equities drop daily as the economy keeps getting worse and the foreclosure crisis remains unabated.

Finance Foreclosures

Economists: A Good Time to Buy Bank Foreclosure Homes

August 13th, 2009 by Peter Vernon

Now is the right time to buy bank foreclosure homes. This is the message that Utah economists want to send to prospective homebuyers, citing low mortgage interest rates and significant drop in home prices as incentives for buying existing and foreclosed homes.

States

Second Major Foreclosed Bank Owned Property in Central Texas

August 12th, 2009 by Jason Westmann

The site of the high-end waterfront residential development project located on Lake Travis, Texas has been listed for foreclosure. According to industry experts, the property is the second major foreclosed bank owned land that happened in Central Texas in less than a month.

States

Visas Lure Foreigners to Florida’s Bank Foreclosures for Sale

August 12th, 2009 by Jason Westmann

Interests among foreign investors to buy bank foreclosures for sale in South Florida have intensified as investing in the area's real estate market offers opportunity for them to become a U.S. citizen.

cities

Bank Foreclosed Homes for Sale Swamp Massachusetts City

August 12th, 2009 by Simon Lindsay

The Federal Reserve and Massachusetts Housing Partnership said that Brockton is the city with the highest number of bank foreclosed homes for sale in the state last month.

States

Tourism Slowdown Drives Kauai Island Foreclosures for Sale

August 11th, 2009 by Jason Westmann

Just like the other islands of Hawaii, Kauai Island also depends largely on tourism to shore up its economy. Most of the island's workers are employed by enterprises that cater to tourists and travelers that visit the island.

States

Bank Foreclosed Houses in Georgia Subdivisions Rising

August 11th, 2009 by Jason Westmann

Banks are overwhelmed by the number of vacant lots and unfinished houses in subdivisions in Georgia. According to industry expert, the foreclosure crisis not only affected individual houses but entire subdivision developments.

Foreclosure Rates

Overall Foreclosures Drop in CA County But Bank Foreclosed Homes Surge

August 11th, 2009 by Peter Vernon

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

Foreclosure Help

Possible Taxpayer Bailout for Commercial Real Estate

August 10th, 2009 by Jason Westmann

Last year and in the past months, taxpayer money was used to bail out the country's largest financial institutions. Now, the question of using taxpayer money to bail out the commercial real estate sector is again floating around.