Foreclosure Rates
New Boom Markets? They’re There — And You Can Benefit
With the real estate market the way it is today – prices down, foreclosure rates up, and existing inventory sky high – it is surprising to know that there are potential boom markets in the making, markets that are reversing long-held trends and actually improving
Life is Good in the Hamptons: Luxury Properties on the Rise
Background: Hamptons Beach, by www.shootandscrawl.com, Front: Luxury home, by
High Foreclosures Rate Deter Existing Home Sales
The number of homebuyers who decided to purchase existing or previously-owned properties dipped to a 13-year low. Analysts and economists believe the recovery of the market from the foreclosures crisis will take longer than initially forecasted.
Foreclosures in Texas Decline in Some Counties
The number of residential properties to be sold as foreclosures in Texas for the auction month of August has declined in some counties. For the Dallas-Fort Worth area, the August figure is the fourth consecutive month of decline which analysts are touting as a good sign for the housing market of the whole state.
Rates of Foreclosures in Nevada Still Highest Despite Slack
The rates of foreclosures in Nevada in all the three time periods used by a major property research firm to present the results of its foreclosure research for the first six months this year were still the highest among all states.
Connecticut Ranked 33rd in REO Properties Rate in May
Though the number of REO properties in Connecticut appears to be dwindling slightly, the foreclosure crisis in the state is still far from over.
Repossession Property Prices Fall, Affordability Rises
Home affordability has reached record levels nationwide as new home prices and repossession property prices continue to go down. According to a study by IHS Global Insight on U.S. homes prices, the average house has lost value by 12.2 percent.
Foreclosed Homes for Sale Fell in April
About 29 major cities in the United States still showed a decline in the number of foreclosed homes for sale in April of this year.
Foreclosure Properties Nationwide Up by 44% in March
As foreclosure moratoriums ended and job layoffs rose, the number of foreclosure properties nationwide jumped by 44 percent in March, according to research by ForeclosureS.com.
February Foreclosure Homes Up
Foreclosure home filings increased by almost 30 percent on the same month that President Barack Obama unveiled his $275 billion foreclosure prevention plan.
