The number of California foreclosure homes is one of the highest in the country. The impact of the foreclosure problem has been staggering and widespread. Aside from the foreclosure problem, the current economic downturn has also resulted to increase unemployment rate and drop in median home prices and values.
Hardest hit in the state is the [...]

Eligible first-time homebuyers have until November 30 to use their $8,000 federal tax credit to purchase from Ohio foreclosure property listings. Industry experts said that first-time homebuyers still have two months to complete a home purchase.
However, they advise homeowners to exercise caution when signing any documents. They said that purchasing a wrong house at an [...]

In almost all luxury housing markets in the country today, buyers can find foreclosed homes for less than $1 million. During the peak of the housing market, a million dollars would buy only a simple house. Now, in many neighborhoods in the country, a million dollars could get buyers luxury houses.
In 2007, the median home [...]

Michigan foreclosure homes are spreading across the state at a rapid rate. A staggering number of homeowners are going into foreclosures that brought alarm to state and local officials. In the four counties in Detroit metropolitan area, over 100,000 homeowners were delinquent or in some stage of foreclosures in 2008.
For 2009, the projected number of [...]

Some of the unsuspecting victims of the growing number of Brooklyn foreclosure homes for sale are the pets. Often, they are left behind by homeowners when their properties are foreclosed.
But hope is given to these needy animals under the fund raising event, Brooklyn Bridge Pup Crawl. The event aims to raise funds to provide food [...]

During the housing boom that eventually led to the collapse of the market, community groups warned the Federal Reserve about the increasing abusive mortgage lending cases which they pointed out may lead to Chicago foreclosure homes.
The Chicago community groups in Illinois presented results of studies that showed how major banking companies, including Citigroup and Wells [...]

The Massachusetts city of Worcester has launched an initiative that will provide incentives to buy foreclosed properties. The multifaceted Neighborhood Stabilization Program (NSP) involves buying foreclosure homes, rehabilitating or demolishing them to give way to new houses.
The NSP will also help rehabilitate the homeless shelter, People in Peril. The shelter will be replaced with a [...]

Hialeah foreclosure homes auctions are attractive to investors who want to buy foreclosed houses in good condition and at very low prices.
According to industry experts, auctions allow investors to purchase the best foreclosure properties at cheap prices. Investors can check out foreclosure listings if they are interested in finding available foreclosure homes at Hialeah [...]

Fort Worth foreclosure homes would be even more attractive to first-time buyers with the continuous grant support provided by the U.S. Housing and Urban Development (HUD).
HUD Secretary Shaun Donovan announced the release of federal grants to produce affordable housing and support community development in Texas. Among those that will benefit are Fort Bend County, [...]

A number of Pittsburgh foreclosure homes remained in good condition because of the Pennsylvania city’s focus on neighborhood development programs.
According to industry experts, the city has beautiful housing stock, well preserved and rehabilitated. And the houses, which typically sell for 500,000, are now available for lower prices.
Experts said that the transformation of Pittsburgh into a [...]