http://www.foreclosuredeals.com/wp Foreclosure Homes Forum Fri, 03 Jul 2009 14:45:14 +0000 http://backend.userland.com/rss092 en In the past two years, while the rest of Ohio is struggling from large numbers of foreclosed properties for sale, the number of foreclosure filings in Summit has been declining. But in the first half of this year, the pace of foreclosure filings has started to climb up again, with April ... http://www.foreclosuredeals.com/wp/foreclosed-properties-for-sale-rising-again-in-summit-ohio/ Lawyers for Wells Fargo and Co., a mortgage lending company, have urged U.S. District Judge Benson Legg to dismiss a case filed by the city of Baltimore, Maryland blaming it as the cause of the flood of bank foreclosure properties in the area. In its lawsuit, the city claimed that Wells ... http://www.foreclosuredeals.com/wp/wells-blamed-for-the-flood-of-bank-reo-properties-in-city/ The Mortgage Foreclosure Diversion Pilot Program in Philadelphia, Pennsylvania has successfully helped a great number of homeowners avoid turning their properties into repo houses for sale. According to city officials, nearly 60 percent of troubled homeowners were helped by the program. Since its inception in June 2008 up to May 31, ... http://www.foreclosuredeals.com/wp/program-saved-many-homeowners-from-repo-houses-for-sale/ 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 approved national legislation is not enough to provide protection to renters who are the latest victims of the foreclosure crisis. More ... http://www.foreclosuredeals.com/wp/growing-number-of-renters-affected-by-reo-properties-crisis/ Total sales of houses listed in foreclosed home listings in Florida and in Polk County increased in May, according to real estate records in Florida. Statewide, sales of previously owned homes, including houses in foreclosed home listings, increased by 16 percent to 13,921 housing units. In May last year, just a ... http://www.foreclosuredeals.com/wp/sales-from-florida-foreclosed-home-listings-up-prices-down/ Homebuilders have been struggling since the flood of foreclosed new homes began. After they were distressed by reports of large numbers of foreclosure filings in May, now they are further crushed by reports of the impending readjustment of adjustable mortgage loans, which will surely cause another large wave of foreclosures. Bill ... http://www.foreclosuredeals.com/wp/lower-priced-foreclosed-new-homes-distress-homebuilders/ More than 2,000 houses will be sold in Tarrant County's foreclosed home auction in July, based on foreclosure records in the area. Court-managed foreclosure auctions in Tarrant are held every first Tuesday of the month. For the July foreclosure auction, a total of 2,015 homes were listed, an increase of 66 ... http://www.foreclosuredeals.com/wp/over-2000-houses-in-tarrant-foreclosed-home-auction/ 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 share. In January, the percentage of foreclosed houses was 46 percent, the highest level reached in the county's home resale market. ... http://www.foreclosuredeals.com/wp/foreclosed-houses-over-34-percent-of-orange-california-sales/ 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 area. If the forecast comes true, it would be the county's second time to post a monthly foreclosure record of more than 5,000. In February this ... http://www.foreclosuredeals.com/wp/over-5000-foreclosure-properties-to-enter-phoenix-market/ 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 and have taken steps to avoid repossession of their homes. However, the climbing unemployment rate is causing concern among industry experts who ... http://www.foreclosuredeals.com/wp/unemployment-may-trigger-reo-property-to-rise-again/