Small Investment Firms Buying Foreclosed Homes for Sales

Time icon May 21st, 2009 by Autor Joseph Smith

As the number of foreclosed homes for sales increase, a rising number of small investment firms and individual investors are traveling across the country buying foreclosed homes at auctions and from banks.

Continue reading: Small Investment Firms Buying Foreclosed Homes for Sales

Homebuilder and Financial Stocks Rose Despite Foreclosures

Time icon May 20th, 2009 by Autor Joseph Smith

Stocks of homebuilders gained today despite setbacks arising from continued forclosures in many areas of the country.

Continue reading: Homebuilder and Financial Stocks Rose Despite Foreclosures

Condos and Commercial Buildings Added to Foreclosure Lists

Time icon May 20th, 2009 by Autor Joseph Smith

Across the country, commercial buildings, condos and mixed-use projects are being added to forclosure lists.

Continue reading: Condos and Commercial Buildings Added to Foreclosure Lists

Expanded Program Could Help Reduce Foreclosed Houses in Florida

Time icon May 19th, 2009 by Autor Joseph Smith

Southwest Florida distressed homeowners are given a small measure of hope with the Obama Administration’s announcement of the enhanced $75 billion foreclosed houses prevention program.

Continue reading: Expanded Program Could Help Reduce Foreclosed Houses in Florida

Foreclosed Homes Prevention Program to Benefit South Florida

Time icon May 18th, 2009 by Autor Joseph Smith

Distressed homeowners in South Florida who are facing foreclosure or who owe more than the value of their properties are provided hope by the enlarged $75 billion forclosed homes prevention program announced by the Obama Administration.

Continue reading: Foreclosed Homes Prevention Program to Benefit South Florida

Residents Get Help to Avoid Foreclosed Homes Foreclosure

Time icon May 18th, 2009 by Autor Joseph Smith

Chicago, Illinois-based troubled borrowers who want information on how to avoid foreclosed homes foreclosure may have another venue to go. Citibank and Westside Ministers Coalition have collaborated to provide an information service to help distressed homeowners make an informed decision on how to save their properties from foreclosure.

Continue reading: Residents Get Help to Avoid Foreclosed Homes Foreclosure

Low Interest Rates Prevent More Bank Foreclosed Homes

Time icon May 18th, 2009 by Autor Joseph Smith

The decision of the U.S. Federal Bank to lower interest rates has allowed some distressed homeowners to refinance their mortgage and avoid bank forclosed homes, according to Dallas Federal Reserve Bank Richard Fisher. The lowering of interest rates is part of the agency’s effort to boost the economy and stabilize the housing market.

Continue reading: Low Interest Rates Prevent More Bank Foreclosed Homes

Families Join Forces to Buy from Foreclosed Homes Listings

Time icon May 16th, 2009 by Autor Joseph Smith

During these difficult times, most families come together. Family members not only help bear the severe effects of the foreclosure crisis, they also help each other to capitalize on opportunities brought about by foreclosed homes listings.

Continue reading: Families Join Forces to Buy from Foreclosed Homes Listings

American Dream Gone with the Foreclosed House for Sale

Time icon May 16th, 2009 by Autor Joseph Smith

The lives of sheriffs and homeowners are increasingly getting intertwined as the foreclosure crisis threatens the American dream. Every time a sheriff goes to a property and turns it into a foreclosed house for sale, he also meets a fellow American losing the American dream.

Continue reading: American Dream Gone with the Foreclosed House for Sale

44-Month Study on Foreclosed Houses for Sale in Long Island

Time icon May 16th, 2009 by Autor Joseph Smith

In a 44-month New York Times study of over 218,000 foreclosure filings and foreclosed houses for sale in New York City, Long Island, New Jersey and Western Connecticut from 2005 to August 2008, the researchers found that Long Island had over 31,000 houses in default or have become foreclosed houses for sale.

Continue reading: 44-Month Study on Foreclosed Houses for Sale in Long Island