Foreclosures by State
Tenants of Florida Commercial Properties Enjoy Low Rates
Tenants of commercial properties in Florida have been renewing or signing their lease deals at lower rates as vacancy rates continue to drive down prices.
Measures to Collect Fees From Foreclosed Condos
Some condominium associations in South Florida have defied state laws by using every means possible to collect unpaid dues from delinquent landlords or nonpaying owners of foreclosed condos. Condominium associations would even resort to public humiliation which involves posting of lists of delinquent condominium owners.
Overbuilding Drives Commercial Foreclosures in Phoenix
Just as overbuilding has been driving foreclosures in the condo market in many cities across the nation, overbuilding has also been driving commercial foreclosures in Phoenix.
Foreclosure Listing Growth Pushed Down Home Values
Foreclosure listing in Northeast Florida keeps on growing, further pressuring down home values in the area and casting a shadow over the efforts of both state and local governments to stabilize and strengthen the housing market.
Campaign Against Fraudulent House Repos Prevention Schemes
New York’s Staten Island District Attorney Daniel A. Donovan has partnered with the New York City chapter of Habitat for Humanity for a fight against fraudulent house repos prevention scheme.
Commercial Bank Owned Foreclosures Rising
The rate of commercial Bank Owned Foreclosures in Texas jumped higher than home foreclosures this year. According to market data, commercial foreclosures increased by 139 percent in the counties of Williamson and Travis.
Repo Property Mitigation in Memphis on Track
City officials of Memphis have identified ten zip codes where they plan to spend the $11.5 million funding the city received from the first funding round of the federal repo property mitigation program.
Foreclosed Properties for Sale in Orange, California to Rise
The number of foreclosed properties for sale in Santa Ana and in other cities of Orange County is expected to increase as mortgages in default and foreclosure filings keep rising across the region.
Tulsa Foreclose Houses Rose, Contrary to Another Report
Based on local real estate and foreclosure records, the number of foreclose houses in Tulsa increased in May, contrary to an earlier nationwide report indicating that foreclosures slowed down in May in Tulsa.
Florida Bank Foreclosure Listings Continue to Grow
Chief Financial Officer Alex Sink and Florida Governor Charlie Crist are on different boats on whether the state is making progress on its efforts to stave off bank foreclosure listings.
