Archive for April, 2008

Dallas Foreclosed Homes Up 40% from 2007April 30th, 2008

The Dallas Foreclosed Homes scene continues to offer great deals for investors, as new statistics show that the current foreclosure rate in the city is up over 40% from May of 2007. With … More >>

Houston Foreclosed Homes Inventory Low, But Expected to Increase in 2008April 29th, 2008

The market for Houston Foreclosed Homes appears to not be rising as rapidly as the rest of the country, but it is still a market worth watching and investing in. More >>

Gulf Coast Citizens Becoming Victims Once AgainApril 28th, 2008

As the foreclosure epidemic sweeps through the gulf regions of states like Alabama, Mississippi and Louisiana, victims of Hurricane Katrina are losing their homes once again, but not to any … More >>

Los Angeles Foreclosed Homes Rising Steadily in 2008April 25th, 2008

The Los Angeles foreclosed homes market continues to grow in 2008, as new statistics are indicating that first quarter foreclosures were up 130% over the first quarter of More >>

Miami Foreclosed Homes Drop Slightly in MarchApril 24th, 2008

While filings of default notices for Miami foreclosed homes were down for the month of March, they are still very high year over year, as the city boast one of the highest rates of … More >>

Foreclosure Have Devastating Effect on Home PricesApril 24th, 2008

New reports are being issued showing that home prices across the nation are continuing to fall drastically as a result of the rising trend in foreclosure. The national median price of a … More >>

Foreclosures Used to Carry Big Tax Burden, But Not AnymoreApril 23rd, 2008

In the past, undergoing a foreclosure not only ruined your credit and lost you your home, it also left you with a huge tax burden at the end of the year. Even though you retained nothing … More >>

Foreclosure Rise Drastically During 1st QuarterApril 22nd, 2008

Now that the first quarter of 2008 is officially over, experts have begun to analyze foreclosure data to determine some of the trends in the first part of the year. The first reports are … More >>

Massachusetts Foreclosure Inventory Approaching Record LevelsApril 16th, 2008

As Massachusetts' foreclosure rate continues to rise, more and more communities outside of major metropolitan areas are starting to see the soaring levels of foreclosure that bigger cities … More >>

Mortgages Companies Sign Pact to Fight Foreclosure with State of OhioApril 15th, 2008

Nine major mortgage loan providers in Ohio signed a pact with state authorities that is being hailed by many as a bold new step towards keeping homeowners out of foreclosure that has not … More >>