The number of foreclosures across the country amidst the economic crisis and housing market crash has all but subsided. There have been numerous complaints and outcries by those facing foreclosures in regards to the actions of banks during these foreclosures. Finally, regulators are taking a stand and are taking steps to hold these banks accountable for these mishandlings.

Construction of new houses improved in some areas of Texas in 2010 despite tough competition from low-priced dwellings such as foreclosed residential properties and those offered at tax lien sales. In North Texas, the increase was 12% compared with the previous period. According to industry analysts, housing starts improved during the year because builders tried to accommodate rising demand caused by the federal government's tax credit […]

Those who plan on buying residential properties, including residential real estate VA foreclosures, will be glad to know that mortgage rates have declined in the first week of 2011 after continuous increase during the last few weeks of 2010. Rates declined all over the U.S., providing encouraging news to would-be homebuyers and real estate investors.

Sheriff's foreclosure sale and other foreclosed property sales have become a great source of low-priced properties for investors and homebuyers. In Glendale, Arizona, the city has also taken advantage of these affordable properties, using them to fight neighborhood blight in areas with the highest concentration of foreclosed properties.

Housing sales have declined in most areas of South Carolina during the last quarter of 2010. Homeowners who wish to sell their properties are faced with challenges brought about by potential buyers' wariness of the current condition of the market and the competition posed by low priced foreclosed properties, including federal home foreclosures.

Six mortgage lenders in New Jersey were issued court orders by the state's Supreme Court in relation to alleged irregularities in their processing of foreclosed bank owned homes. According to local reports, the lenders are facing potential suspension of operations due to the court order, which came after depositions emerged that the lenders used robo-signers or employees who sign foreclosure documents without checking facts first.

The year 2010 is not a very good one for the real estate market of Louisville, Kentucky as the city suffered from huge number of foreclosures, with bank lien homes, foreclosed apartment buildings and major commercial foreclosures weighing the city's real property market down. The area is set to end the year with another major apartment property foreclosure.

Some of the cheapest buys are in foreclosure home auctions. What this represents for investors is an opportunity to strike big in the profits department. When a home undergoes foreclosure and reverts to the lender this lender would want to resell the home immediately to recoup their losses. These lenders are not motivated by profit when they sell these homes they mostly want to just recover the unpaid portion of the loan. This is the reason why […]

Some areas of Alabama recorded a decline in total home sales in November 2010, including those offered at Sheriff Sale auctions. Most areas of the state posted fewer number of houses sold during the month when compared with last year, although majority also recorded higher sales numbers compared with the dismal record of October 2010.

Purchasing foreclosures like a bank owned home can get you started on preparing for your future today. In the last few years the housing market experienced a crisis that gave rise to a large number of bank foreclosures that are being sold at very low prices. Home buyers of today are poised to gain the most benefit from this situation. If you have the resources now while the economy is floundering it is wise to invest it in real property, which […]

The large number of bank foreclosures could be too much to handle particularly for new house buyers who are dealing with very restricted finances. Among the techniques that you could use to remedy this case is to locate bank foreclosures by state and start from