Foreclosure Market
Benefits of Buying Land in Foreclosure in Todays Market
That?s right ? land can go through the foreclosure process just as residential homes can, with the same results: lower prices and higher
Federal Foreclosure-into-Rental Program Picks Up Steam
The proposal – which would sell foreclosure homes, often in bulk, to private investors from government inventory – is set to go live in the “near term”, according to the Federal Housing Finance Agency. According to reports, the two government-sponsored enterprises will allow pre-qualification for investors and third parties who want to bid on foreclosure properties owned by the government. This effectively opens the doors [...]
Tons of Opportunities and Potential Pratfalls for Foreign Real Estate Investors in the U.S.
Real estate agents and foreign entrepreneurs alike should be cautious and well-prepared when digging into local real estate for some of the best deals in the
Facebook – For Serving Foreclosure Notices?
One of the things which can delay legal cases, even foreclosure filings, is when the courts are having a hard time locating and serving the persons involved. But with social networking websites like Facebook, this particular problem has been
Oversupply of Foreclosure Homes for Sale Weighed Down Construction
The high number of foreclosure homes for sale in the U.S. is preventing homebuilders and the whole construction industry from gaining traction in the market. Data for February 2011 showed that residential construction activities have declined again, marking the third month in a row that home construction has dropped.
Home Foreclosures List Still Climbing, but Delinquency Is Declining
Housing analysts reported that the U.S. home market is currently a mixed bag of fortunes; with properties in home foreclosures list still rising, while delinquency rate is declining. Meanwhile, home resales are rebounding, but new housing sales are slumping. Despite these mixtures of trends, most analysts agree that there are some signs that the industry is recovering.
Foreclosed Homes for Sale Dragging US Home Prices
A report from Clear Capital revealed a 1.4 percent decline in national home prices when compared quarter by quarter. The Home Data Index Market report offers a clear picture of the current performance of the local housing markets versus national home price trends and how foreclosed homes for sale affects such performance.
Foreclosure Listing Prices Continue to Drop in Major U.S. Markets
Prices of properties in foreclosure listing and non-foreclosed dwellings have hit an all time low in the U.S., housing industry analysts have reported. They stated that prices are likely to decline further in the coming months. A big number of metro areas have reportedly reached their lowest points in terms of home prices. Analysts have stated though, that very few are taking advantage of the low prices.
Huge Discounts Offered for Foreclosure Homes for Sale
Data showed that buyers and investors of foreclosure homes for sale enjoyed an average of 28 percent discount last year. The considerable discount could trigger further drop in home prices nationwide as more homes enter some stage of foreclosure.
Impact of Oversupply of Bank Foreclosure Homes for Sale Waning
The supply of bank foreclosure homes for sale has remained high in most areas of the country. However, housing industry experts believe that the market is starting to stabilize. This is despite the fact that prices have continued to tumble in some major markets.
