Latest Press Releases: ForeclosureDeals.com
Rental Prices Soaring as Home Values Stay Low
Wed, 07 Dec 2011
MIAMI, Fla., Dec. 7, 2011 (SEND2PRESS NEWSWIRE) — Foreclosure Deals, a leading provider of foreclosure listings, news and information, has released new research on home prices and rent values across the nation. Drawn on data collected from regional and local real estate markets, the numbers demonstrate the relationship between the average cost of rent and the average cost of a home purchase in each state, which can help homebuyers choose the best markets in which to invest.
New Legislation Could Slow Illinois Foreclosures Further
Thu, 05 May 2011
CHICAGO, Ill., May 5, 2011 (SEND2PRESS NEWSWIRE) - Illinois foreclosures dropped sharply in the first quarter, reports ForeclosureDeals.com, a leading provider of foreclosure news and foreclosure listings. In addition, new measures to fight foreclosures by the state could lead to higher prices for Illinois foreclosures in the near future, making the foreclosure discounts investors are used to harder to come by.
Arizona Foreclosure Sales Becoming Popular
Fri, 29 Apr 2011
PHOENIX, Ariz., April 29 (SEND2PRESS NEWSWIRE) - ForeclosureDeals.com, a leader in the foreclosure listings and foreclosure information industry, reports that Arizona foreclosures are becoming hot commodities. New statistics show home sales in the metro Phoenix area growing at a rate not seen since before the Arizona foreclosure crisis in 2005.
As California Foreclosures Rise, Foreclosure Investment Flourishes
Tue, 19 Apr 2011
MIAMI, Fla., April 19 (SEND2PRESS NEWSWIRE) - ForeclosureDeals.com, an online leader in the foreclosure listings and foreclosure news industry, revealed that while California foreclosures are up significantly since the beginning of the year, foreclosures in California are taking up to a year to reach the market.
More Florida Foreclosures Rejected by Courts
Mon, 11 Apr 2011
MIAMI, Fla., April 11 (SEND2PRESS NEWSWIRE) - ForeclosureDeals.com, an online leader in the foreclosure listings and information industry, reports that new developments in the Florida foreclosure market could slow the rate of foreclosures drastically statewide. As courts become more reluctant to approve foreclosures and more properties get caught up in lengthy foreclosure proceedings, less homes are going to foreclosure sale.
Changing Market Indicated It Could Be the Best Time to Buy a Foreclosure
Tue, 15 Mar 2011
MIAMI, Fla., March 15 (SEND2PRESS NEWSWIRE) -- ForeclosureDeals.com, an online leader in the foreclosure listings and foreclosure information industry, reports that rising mortgage costs and declining foreclosures in many areas signals that now could be the best chance homebuyers have to save money on discount foreclosure homes.
Foreclosure Filings 2010 Statistics Show No Shortage of Foreclosed Homes
Thu, 23 Dec 2010
MIAMI, Fla., Dec. 22 (SEND2PRESS NEWSWIRE) -- Record numbers of foreclosures hit the market in 2010, as well as record numbers of people looking to buy them, reports Foreclosure Deals, a leading online provider of foreclosure news and information, in a year-end Foreclosure Filings 2010 review. The record-breaking trend of 2009 continued throughout the year, as foreclosures have remained high and many experts are expecting them to climb even higher in 2011. As a result, says James Foxx, a Foreclosure Deals business analyst, many buyers are flocking to the foreclosure market in search of low prices to match record-low mortgage interest rates.
31% of Home Sales in First Quarter Were Foreclosures
Tue, 13 Jul 2010
MIAMI, Fla., July 13 (SEND2PRESS NEWSWIRE) -- Foreclosure Deals, an online leader in the foreclosed homes for sale listings and information industry, announced today that 31% of all residential properties sold in the first quarter of 2010 were foreclosure properties. Experts at the company believe the statistic shows that people are continuing to turn to the foreclosure market as a plentiful source of low cost homes.
Foreclosures Fall 9 Percent Nationwide During April
Wed, 19 May 2010
Foreclosures were down 9% in April, leading experts to speculate that the foreclosure market could be tapering off.
National Foreclosure Rate Falls 2% in February
Wed, 07 April 2010
Foreclosures fell 2% in February and increased by only 6% from February 2009, leading to speculation of a trend in slowing foreclosure homes rates nationwide.
Foreclosure Deals Reports on Falling Foreclosures in January
Tue, 23 Feb 2010
New statistics from Foreclosure Deals, a leader in foreclosure listings industry, show the market for foreclosures is already improving in 2010, with foreclosures down 10% in January from the previous month. Foreclosure property inventories also fell in traditional foreclosure hotspots throughout the nation, which experts believe could be an excellent sign for buyers considering a purchase this year.
Foreclosure Deals' Report Is Valuable Tool for Real Estate Investors
Tue, 08 Dec 2009
Foreclosure Deals, the leading online marketplace for foreclosure properties, has compiled important data for the second semester of 2009; it releases statistics on foreclosure information throughout the U.S. This is valuable information for people who want to invest in foreclosed homes for sale.
Foreclosure Deals' Widgets: An Excellent Resource for Real Estate Pros
Tue, 20 Oct 2009
What's a widget? Foreclosure Deals announces some new features - its new widgets - created for easy and up-to-date foreclosure database access and mortgage rate information. "Widgets are a great way to build a user's knowledge of the material on your Web site," James Foxx, real estate expert with Foreclosure Deals, explains.
ForeclosureDeals.com Provides Support Services for Abandoned Foreclosure Pets
Mon, 14 Sep 2009
Home foreclosures continue to be on the minds of many people throughout the nation. And, worries about unemployment and not being able to meet mortgage payments often trump other issues such as what to do with a pet. As a result, ForeclosureDeals.com has compiled helpful resources to address this growing problem of abandoned foreclosure pets.
ForeclosureDeals.com Reviews Foreclosure Filing Reports for First Half of 2009
Mon, 10 Aug 2009
ForeclosureDeals.com has been closely following and analyzing foreclosure filing data around the nation. For the first half of 2009, the company reports that foreclosure filings were just shy of two million.
Real Estate Experts Say Residential and Commercial Foreclosures Will Continue to Rise
Tue, 14 July 2009
According to the real estate experts at ForeclosureDeals.com, foreclosed properties will continue to dominate the real estate marketplace in many regions. Recent reports have been released that support this prediction.
ForeclosureDeals Does the Research for Its Clients
Mon, 29 Jun 2009
ForeclosureDeals.com, a leading online foreclosure listings service announces that real estate executives say the regions that saw the biggest price spikes during the bubble continue to wrestle with the most foreclosures: California, Florida, Nevada and Arizona.
ForeclosureDeals Reacts to the Current Home Foreclosure Crisis
Tue, 28 Apr 2009
ForeclosureDeals announces that their comprehensive foreclosure listing website continues to provide people with significant foreclosure listing leads. The most recent move to meet the foreclosure crisis was the Treasury Department's announcement that it is taking the first steps of action in addressing the loan modification program.
ForeclosureDeals.com says President Barack Obama Must Act Swiftly to Avert Record-Breaking Foreclosure Crisis
Wed, 21 Jan 2009
The US housing crisis continues to gain momentum as foreclosure filings set records in 2008. ForeclosureDeals.com urges President Barack Obama to follow through on his campaign promises and take swift action to prevent a national economic disaster
Nevada Once Again Tops Foreclosure Market
Mon, 30 July 2007
Based on new data researched and released by ForeclosureDeals.com, Las Vegas is once again sitting near the tops of the list of metropolitan areas with some of the highest rates of foreclosure. The past six months have been very troublesome for the market in Nevada, as it has led all other states in the United States in foreclosures over that time period.
Finding a Foreclosure in New York is Getting Easier, According to ForeclosureDeals.com
Thu, 24 May 2007
ForeclosureDeals.com reports a 19% increase Of New York foreclosure homes in their listings since October 2006. New York has always been below the national foreclosure rates compared to other states. The time is right for investors looking for foreclosures in New York.
Ohio's Foreclosure Problems No Longer Restricted to Urban Areas
Mon, 23 Apr 2007
For the past several years, Ohio has held one of the highest foreclosure rates in the country. Now the problem, once mostly restricted to urban areas, seems to be spreading into suburban neighborhoods.
Foreclosures Grow by More Than 40% in One Year
Tue, 12 Dec 2006
ForeclosureDeals.com reacts to new study showing historic rates of foreclosure. New study shows that repossession rates on real estate have risen 42% over last year, and experts at ForeclosureDeals.com suggest that this can be good news financially for both investors and homebuyers.