Archive for April, 2009
House Panel Okays Bill to Cut Down Foreclosure PropertiesApril 30th, 2009
Learning from the crisis caused by large numbers of real estate foreclosure properties for sale, the U.S. House Financial Services Committee passed a bill that would stamp down lending … More >>
Loans Drop Despite Low Rates, Low Prices in Foreclosure ListingsApril 30th, 2009
During the week ended April 24, the number of applications for mortgage loans and loan refinancing dropped to its lowest level since the middle of March despite the drop in mortgage rates … More >>
Short Sales and Foreclosed Homes Haunt Former OwnersApril 30th, 2009
Many former owners of foreclosed homes or houses sold in short sales are finding to their horror they are being brought to courts to force them to pay balances on their mortgages. More >>
Why Hopes Are Up Amidst Foreclosure ListingsApril 29th, 2009
Optimistic economists and housing analysts are enumerating signs they see as portending the bottoming out of home prices and the subsequent start of recovery despite the reality of … More >>
Foreclosed Homes Push Down S&P Price Index for CitiesApril 29th, 2009
For the 31st consecutive month, the Standard & Poor's/Case-Shiller home price index for 20 major U.S. cities declined by 18.6 percent in February as real estate foreclosure homes … More >>
Philadelphia's Curb of Foreclosure Listings: Model for CitiesApril 29th, 2009
Philadelphia's program of deflating listings of foreclosed homes has been cited by the Association of Community Organizations for Reform Now (ACORN) as an effective model for cutting … More >>
More Time for Texans to Save Foreclosure PropertiesApril 27th, 2009
Now, Texans have 25 more days to find remedies to save their houses from being added to foreclosure properties, with the passage of the Mortgage Foreclosure Deferment Act by the Texas … More >>
Twin Cities Hold Classes on Foreclosed Homes for BuyersApril 27th, 2009
In the Twin Cities, an increasing number of first-time homebuyers are attending classes on home ownership, mortgages and foreclosure prevention as large numbers of cheap foreclosed homes … More >>
Net Savvy Buyers Take Advantage of Foreclosure ListingsApril 27th, 2009
Internet-savvy Americans, mostly young and new couples, have been taking advantage of new online search tools to look for their dream house through online foreclosure homes listing and … More >>
Job Claims Rise, Home Sales from Foreclosure Listings FallApril 24th, 2009
In March, sales of pre-owned homes, including homes in foreclosure lists, declined by 3 percent, according to data from the National Association of Realtors. More >>
