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San Francisco Foreclosed Homes for Sale Fell, but Will Rise
San Francisco foreclosed homes for sale dropped in number in the July to September quarter, but the number is expected to rise because of the increase in foreclosure filings during the quarter. Home prices in the...
Florida Foreclosure Homes Make State a Buyer’s Market
Many bargain-hunting buyers are grabbing Florida foreclosure homes because of the continuous drop of home prices in the state. Home sales in the state rose by 20 percent last month. " Florida foreclosure homes have wreaked havoc on the lives of thousands of homeowners and... Texas Foreclosure Homes Impact Homeowners’ Associations
Many homeowners’ association are hurting due to the increase in the number of Texas foreclosure homes, recession and slow collections. To continue their operations, homeowners’ associations are increasing dues,...Unemployment Drives More Foreclosed Houses in Decatur
The number of foreclose houses in Decatur keeps on rising because of the rising joblessness rate in the city. Decatur’s unemployment rate in April was among the highest rates in Illinois. " As joblessness worsens in Decatur, the largest city in the Illinois county of Macon,...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... Habitat for Humanity Restores Foreclosed Homes for Sales
A program to acquire and fix foreclosed homes for sales in a foreclosure-battered neighborhood of Menlo Park has been launched by Habitat for Humanity’s San Francisco chapter. The restored homes will be sold to families earning between 40 and 60 percent of Belle Haven’s... 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...Declining Mortgage Rates Helps Foreclosure Prevention
The mortgage interest rates provided by Freddie Mac are presently at their lowest in years. This trend has been a good opportunity for homeowners who are facing foreclosure to take advantage of loan refinancing options. " From 6.06 percent last year, the average for 30-year...Tenth Largest U.S. State Shows Low Turnout of Foreclosures
As one of the largest states in the United States but with the lowest population, Wyoming registered a low foreclosure rate while surrounding states vary in impact from foreclosures. Nearby states like Montana and South Dakota registered some of the lowest foreclosure rates...Condos in Foreclosure Create Problems for the Association
In the last couple of years, the housing industry has been in very bad shape — thanks primarily to the growing number of foreclosed properties including condo units. For this reason, many condo associations are having problems involving fee collection. "National...Foreclosure Worsens Neighborhood Conditions
Since there is obviously no end in sight for the foreclosure crisis just yet, it is not surprising that even neighborhoods are experiencing difficulties because of these foreclosure properties. "In Queens, a...Dallas Foreclosure Sales Offers Hope to Many
The great American dream includes owning your very own home. But with the tightened lending guidelines and weak economy, it is not surprising that many individuals and families have lost hope. Fortunately, there...100 Missouri Foreclosure Homes Attract Bargain Hunters
There are a couple of things that are delighting home buyers lately. The first is the low home prices and second is the large inventory of homes for sale in the market. For these reasons, it is not surprising that...Neighborhoods Can Prevent Foreclosures from Affecting Community
As the problems in the housing industry continue to trample on the nation’s economy, there is an increasing number of communities that are becoming affected by the large inventories of foreclosure homes. With a...Center for Responsible Lending to Congress: “Act Quickly”
With the nation on the brink of an economic recession, the Congress finally approved the bailout legislation, which has a budget of $700 billion. A huge percentage of the budget will be used to buy bad assets,...
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