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The number of residential properties falling into foreclosure auctions declined in Massachusetts during March 2011 compared with year-ago levels. According to housing industry experts, the drop was due to slower processing of foreclosure actions by lenders and the improving national economy. Both foreclosure-related petitions and number of deeds fell in the state in March year-over-year.
Continue Reading: Foreclosure Auctions Decline in Massachusetts in March
The number of foreclosure-related filings and properties under foreclosure auction listings declined in Alabama last month. The figure includes notices of default, properties scheduled for auctions and homes repossessed by banks. The same decline was seen nationwide on a month-over-month basis.
Continue Reading: Foreclosure Auction Listings and Filings Dipped in Alabama
The prices of dwellings in Portland, Oregon, including those under list of homes at auction, have declined to their lowest rates in four years. Based on the latest housing market data, prices for October were at their lowest since the foreclosure crisis started in 2006. Portland was not the only city that hit an almost record low, with several other U.S. metro areas also experiencing considerable drops in housing prices in October.
Continue Reading: Portland List of Homes at Auction Prices at Almost Record Low
House foreclosure auctions take place across the country and cater mostly to foreclosure investors out for a good deal. But even first time buyers can strike gold in these auctions with a little basic education.
Continue Reading: House Foreclosure Auctions: Make Hay While the Sun Shines
Communities in the southern part of Boston, Massachusetts have recorded higher number of properties being sold at foreclosed home auctions in 2010. According to foreclosure counseling agencies, an increased number of homeowners have also sought their services during the past 10 months.
Continue Reading: South Boston Areas Experience Increased Foreclosed Home Auctions
The law recently signed by New York Governor David Paterson will strengthen the legal rights of homeowners in the state and will have some effect on the foreclosure condition of the area, housing market analysts have said. They added that the regulation might help lower the number of houses falling under foreclosed property auction listings in New York.
Continue Reading: Law Affecting Foreclosed Property Auction Listings Signed in New York
Auction foreclosures have their own way for charming prospective buyers. They are probably the lowest priced foreclosures in the market, they offer instant equity plus they are transferred quickly to the new buyer. But these homes are sold as is and some of your costs will definitely go to repairs and renovation. Also, there may be hidden taxes or encumbrances still attached to the title. So it is best to approach this matter with caution.
Continue Reading: Hitting It Big With Auction Foreclosures
The city of Sacramento, California represents one of the worst foreclosure scenarios, with list of foreclosure auction in the city in worse condition than other metro areas. However, local market analysts have stated that even within the city, the effect of the crisis varies from one spot to another.
Continue Reading: List of Foreclosure Auction More Extensive in South Sacramento
The condition of unemployment and foreclosure auction listings and rates of bankruptcy remain practically the same in July compared with June, causing the economic stress levels of most states to remain unchanged. However, the level of economic distress varies from one local community to another.
Continue Reading: Foreclosure Auction Listings, Unemployment Caused Economic Stress
The number of foreclosed dwellings falling under Arizona house auction listings creates further problems for homeowners in the state. With foreclosures resulting in the continuous increase of abandoned homes in the state, most homeowners associations (HOA) reportedly try to recoup unpaid dues from these abandoned properties by increasing fees for the rest of the members.
Continue Reading: Huge Number of Foreclosures in House Auction Listings Take Their Toll
More multifamily properties are getting included in home auction listings in Hialeah as more condo projects were targeted by foreclosure lawsuits from lenders in April and May.
Continue Reading: More Multifamily Units in Home Auction Listings in Hialeah
Foreclosure auction listings in Southfield surged in April, as unemployment in the area continued to be high despite a slight improvement in job creation. The statewide jobless rate also improved in April, but foreclosures continued to surge.
Continue Reading: Surge in Southfield Foreclosure Auction Listings
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