Pre Foreclosed Homes in Chicago Rose to Over 70,000 in 2009
The number of pre foreclosed homes in the Chicago metro area soared by 10.2 percent to over 70,000 in 2009, according to data from the Woodstock Institute.
Continue Reading: Pre Foreclosed Homes in Chicago Rose to Over 70,000 in 2009Bank Foreclosures Rise as Homeowners Prioritize Credit Cards
Bank foreclosures are expected to continue rising in part because of the increasing number of homeowners prioritizing the payment of their credit cards over their home loans, according to a recent study released by Chicago-based research firm TransUnion.
Continue Reading: Bank Foreclosures Rise as Homeowners Prioritize Credit CardsFlorida Repo Homes for Sale to Soar with Foreclosure Bill
Repo homes for sale in Florida will certainly climb up higher in number once a bill backed by the Florida Bankers Association is passed.
Continue Reading: Florida Repo Homes for Sale to Soar with Foreclosure BillForeclosed Homes Auction in Michigan Slows Down Temporarily
Foreclosed homes auction companies operating in Michigan have temporarily slowed down their activities in the state due to a decline in completed foreclosures.
Continue Reading: Foreclosed Homes Auction in Michigan Slows Down TemporarilyMost REO Properties in New York Were Flipped, Furman Says
A big portion of REO properties in New York City over the 15-year period from 1993 to 2009 were flipped within a year, according to a study conducted by the Furman Center for Real Estate and Urban Policy, a research center launched by the Robert F. Wagner Graduate School of Public Service and the New York University School of Law.
Continue Reading: Most REO Properties in New York Were Flipped, Furman SaysBank Owned Houses in New Jersey Rose As Job Loss Grew
Bank owned houses rose in number in New Jersey in December as job loss grew. Based on numbers from court records, residential foreclosure postings in December last year increased by 29 percent from the same month in 2008.
Continue Reading: Bank Owned Houses in New Jersey Rose As Job Loss GrewRepo Houses for Sale Spiked in Southwest Florida in 2009
Repo houses for sale surged in number in Southwest Florida in 2009, based on data from a California foreclosure tracking firm.
Continue Reading: Repo Houses for Sale Spiked in Southwest Florida in 2009Cheap Homes for Sale to Lower Income Families in Louisiana
Cheap homes for sale will become available to lower-income residents of Alexandria, a city near the Red River in Louisiana.
Continue Reading: Cheap Homes for Sale to Lower Income Families in LouisianaCheap Houses for Sale in Florida Profitable for Oregon Firm
Cheap houses for sale in Volusia County in Florida have been profitable investments for Oregon-based investment firm Gorilla Capital, which was founded in 2006 by lawyer John Helmick and foreclosure specialist Benjamin Bazer.
Continue Reading: Cheap Houses for Sale in Florida Profitable for Oregon FirmForeclosed Property Sales Will Keep Depressing Home Prices
Foreclosed property sales will continue to depress home prices this year, according to several analysts and economists like Pat Newport of IHS Global Research, Gus Faucher of Moody’s Economy.com and author Shari Olefson.
Continue Reading: Foreclosed Property Sales Will Keep Depressing Home PricesSponsored Links:
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