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...

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....

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...