Archive for June, 2009

Growing Number of Renters Affected by REO Properties CrisisJune 30th, 2009

The number of renters of REO properties is growing every day, just as foreclosures remain unabated across the country. And tenants' advocacy groups are quick to point out that recently … More >>

Sales from Florida Foreclosed Home Listings Up, Prices DownJune 29th, 2009

Total sales of houses listed in foreclosed home listings in Florida and in Polk County increased in May, according to real estate records in More >>

Lower-Priced Foreclosed New Homes Distress HomebuildersJune 26th, 2009

The low prices and large numbers of foreclosed new homes have been clobbering home builders. But many of them, especially the larger companies, are riding out the recession through various … More >>

Over 2,000 Houses in Tarrant Foreclosed Home AuctionJune 25th, 2009

More than 2,000 houses will be sold in Tarrant County's foreclosed home auction in July, based on foreclosure records in the More >>

Foreclosed Houses Over 34 Percent of Orange, California SalesJune 24th, 2009

The percentage of sales of foreclose houses in relation to total home sales in Orange County, California in May is still a commanding 34.2 percent, despite a drop in the More >>

Over 5,000 Foreclosure Properties to Enter Phoenix MarketJune 23rd, 2009

More than 5,000 foreclosure properties are expected to enter the Maricopa County market this month, according to studies of mortgages and foreclosures in the Phoenix More >>

Unemployment May Trigger REO Property to Rise AgainJune 22nd, 2009

Last month's decline in the number of REO property in Massachusetts has prompted industry experts to suggest that more and more people have realized how costly foreclosure proceedings are … More >>

Wave of Bank Foreclosure Property Mediation Requests ExpectedJune 19th, 2009

Nevada Chief Justice James Hardesty is concerned about the flood of bank foreclosure property mediation requests that courts will have to handle in the coming months. He expects as many as … More >>

Foreclosed Properties for Sale below $200,000 in BellinghamJune 19th, 2009

Foreclosed properties for sale and condos priced around $170,000 are available in Bellingham, a city on Bellingham Bay and one of the largest cities in Washington State. It is also the … More >>

Obama Program to Contain Foreclosed Homes: Is It Working?June 18th, 2009

Many Americans have been asking if the Obama administration's Making Home Affordable program which was launched to address the problem of large numbers of foreclosed homes nationwide is … More >>