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Dallas Foreclosures for Sale Hinders Full Market Recovery
Dallas foreclosures for sale are still clogging the housing market and pulling down home prices and values. This trend prevents the housing market from obtaining full recovery. " Dallas foreclosures for sale continue to clog the market, dragging down home prices and values....
Why Obama's Housing Rescue Hasn't Prevented Record Foreclosures
" After taking withering criticism for the Department-of-Motor-Vehicles pace of its initial efforts to keep struggling borrowers out of foreclosure, the Obama administration proudly announced last week that it had hit its goal of 500,000 trial loan modifications almost a... Federal Program Helps Buying Bank Foreclosures in Delaware
Buying bank foreclosures has never been made easy in Delaware. A federal program gives incentives to Delawareans to buy foreclosed homes. " The federal Neighborhood Stabilization Program has been helping people in...Demand for Las Vegas Foreclosure Homes Remains Strong
Last month, the housing market pace slowed down in Las Vegas, Nevada. However, industry experts said that demand for Las Vegas foreclosure homes remains strong with sales 27 percent higher compared with August the...Charlotte Foreclosure Homes Rising, TARP Not Helping
The number of Charlotte foreclosure homes rose another record high in August. Industry experts said that the federal government’s Troubled Asset Relief Program (TARP) failed to prevent thousands of homeowners in North Carolina from losing their properties to foreclosures. "...Foreclosed Filings Up in Indiana, North Carolina
The states of Indiana and North Carolina saw their foreclosed filings jumped last month. The spikes indicated that foreclosures are being worsened by the rising unemployment rate. " Many states saw their foreclosed filings jumped in numbers last month. Two of the states that...Bank Foreclosure Listings on the Rise in Vermont
The Bank Foreclosure Listings in Vermont increased in May compared to the same month figures the previous year. However, state officials claimed that Vermont is better off than other states in terms of foreclosure rates."Vermont recorded an increase in the number of...Layoffs Increase Foreclosed Houses in Minnesota Counties
Joblessness has been the major reason for the rising number of foreclosed houses in St. Cloud, Minnesota and in other parts of Stearns and Benton. Local governments have been seeking funds to buy and repair foreclosed houses."As layoffs continue in the Minnesota city of St....Illinois Gov Quinn Fights Problem of Foreclosed Homes
Illinois homeowners worried about their houses becoming foreclosed homes can take some relief from their governor’s efforts. Governor Quinn has just signed a law amending the state’s home foreclosure law,...Saint Petersburg Pushes Up Florida’s Foreclosures by State
Foreclosed homes in neighborhoods in Saint Petersburg have put Floridaforeclosures by state with 385,309 residential properties with foreclosure filings, according to foreclosure tracking firm RealtyTrac. It also had the second among the top three in rankings of foreclosures...New York City Likely to Feel Foreclosure Effects in 2009
New York City had several factors in its favor that protected it from the foreclosure wave that hit hard many other cities in 2008, such as those in California and other Sunbelt States. New York City no longer has...Florida Governor Crist Backtracks on Foreclosure Moratorium
Florida Governor Charlie Crist has taken back his proposal of suspending foreclosures across the state during the holidays after meeting with Alex Sanchez, the president of the Florida Bankers Association. "Sanchez has apparently explained the position of the banking industry...Seattle Foreclosures Still Below Other Cities’ Figures
Foreclosures in the Seattle area increased in October this year but were still below foreclosure figures in other cities, according to RealtyTrac, a leading foreclosure property marketer."The counties of King and Snohomish had 1,839 foreclosed homes in October, an increase of...New York’s Foreclosure Data Inaccurate?
The data of foreclosure filings obtained in New York, counting that of Erie County are said to be incomplete. This is the danger of depending only on one research firm, which has not perfected yet the act of data...3Q Foreclosure Filings Soar 71%
For the period covering July to September, the number of foreclosure filings has skyrocketed by 71 percent compared to the same period last year. The said percentage represents about 766,000 homes which entered...
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