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Phoenix Foreclosed Homes Comprised 66 Percent of Market
Phoenix foreclosed homes accounted for 66 percent of housing market activity in October, according to Jay Butler, real estate professor at the Arizona State University. The median sales price for foreclosed homes...Residential Foreclosures: Quarter Decline, Yearly Increase
The number of residential foreclosures in a New Hampshire city dropped in the third quarter but is more than the figures in the last two years. The trend prompted industry experts to say that it is too early to tell if the housing market is on its way to recovery. " There are...
Home Foreclosures for Sale Invade Suburban Massachusetts
Home foreclosures for sale have invaded the suburban market of Massachusetts. So far, the number of distressed property procedures in Massachusetts has increased by 150 percent. " Industry experts have been seeing... Intense Foreclosure Investing Gives Hope to the Housing Market
An intense activity is now being seen in the foreclosure investing market as first-time homebuyers and investors vie for best property deals. Some distressed homes are said to receive multiple offers as buyers try... Homes Sell Fast at Foreclosure Auctions
A federal program is helping a North Carolina city buy foreclosed homes for sale. The program provides funds to purchase and repair distressed properties in areas with a high number of foreclosure houses. " Houses in Kentucky that are slow to find a buyer or have remained on... Young People Buy Foreclosed Homes for Investment
Many young people across the country buy foreclosed homes for investment. Home prices have declined as much as 50 percent in the previous months. " Home prices are at their all time low that many young people are...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...Georgia Foreclosure Homes on the Rise, Values to Drop
The number of Georgia foreclosure homes rose by almost 40 percent last month. And with the rise of foreclosure numbers, home values are expected to drop further. " Last month, the number of Georgia foreclosure...Massachusetts Foreclosure Homes Lead August Sales
Massachusetts foreclosure homes dominated home sales last month. In one county, real estate sales in August helped stabilize the housing market in the area. " Sales of Massachusetts foreclosure homes dominated the real estate market last month. Home sales in Plymouth... Abandoned Pets: Another Consequence of Foreclosure, Unemployment
An increasing number of abandoned pets have started filling up animal shelters to the brim. Most of these pets were left behind because of either unemployment or foreclosure. " In addition to homeless families, abandoned pets are also considered to be one of the unfortunate... Florida County Ahead in Buying Bank and Foreclosed Homes HUD
A county in Florida has outpaced other local governments in purchasing bank and foreclosed homes HUD. It also bested other areas in providing down payment and closing cost assistance. " The county government of Orange has outpaced other local governments in Florida in buying...New York Communities Clean Bank Foreclosure Homes
Several communities in New York are forced to clean and maintain the growing number of bank foreclosure homes to prevent them from becoming blights in neighborhoods. These communities are paying for the cost of maintaining the foreclosed homes, hoping to be reimbursed once...Congresswoman Bent on Helping Stave Off Bank Foreclosure
Representative Dina Titus has requested distressed homeowners from her Nevada district to help her identify helpful lenders. She put up a Web site where homeowners can share their dealings with lenders and offered her help in negotiating to avoid bank foreclosure. "...Golf Outing to Help Property Facing Foreclosed Homes Listing
A golf outing has been scheduled in an effort to save a nonprofit rescue farm in Michigan from foreclosed homes listing. The 70-acre farm is home to owner and founder of the Equine Star Foundation and 38 horses. " Equine Star Foundation owner Joan Tucker has been rescuing...
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