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Buyers are taking advantage of the cheap prices of condominiums in Florida’s foreclosure listings as more and more condo units got sold in the past few months. Sales of condo units surged in November of this year by 2% from one year
Continue Reading: Surging Demand for Condos in Foreclosure Listings in Florida
Owners of single family homes and other residential properties who are facing potential foreclosures in Kansas City, Missouri and who have loans owned by Marshall & Ilsley Corp. heaved a sigh of relief following news that the bank is extending its moratorium on foreclosures in the area. The moratorium was initially put in place in December 18, 2008.
Continue Reading: Moratorium on Foreclosure Single Family Homes Ongoing in Kansas City
Bank foreclosures and distressed properties accounted for a huge percentage of housing sales in Phoenix, Arizona, in February 2011. A report from the Arizona State University (ASU) showed that foreclosed single family houses dominated home-resales during the month, causing year-over-year resale prices to decline in the metro area.
Continue Reading: Bank Foreclosures Account for a Huge Part of Phoenix’s February Sales
Portland, Oregon, was ranked as one of the top U.S. metro areas with the biggest supplies of cheap houses. The region was considered one of the worst-performing areas in terms of housing price declines for a period of two years. The other metro regions in the top five were Seattle, Phoenix, Tucson and Las Vegas.
Continue Reading: Cheap Houses Prevalent in Portland As Prices Continue to Drop
The number of foreclosed properties under single family home listings in Tulsa, Oklahoma, increased in 2010 compared with 2009 levels. Despite the big jump in the area's foreclosure numbers, local housing analysts are expecting a stronger housing market this year as available distressed properties get snatched quickly by home buyers and investors.
Continue Reading: Foreclosed Single Family Home Listings Rise in Tulsa
The number of properties under foreclosure bank and HUD homes listings increased in Medford, Oregon, last year. The increase in the city's full year foreclosure rate was expected as numbers for November 2010 already showed that Medford's foreclosed property numbers were on the rise.
Continue Reading: Bank and HUD Homes Listings Grew in Medford in 2010
Foreclosure numbers, including those associated with land foreclosure listings, increased in the Louisville-Jefferson metro area of Kentucky in 2010. However, the county foreclosure rate remained below the national foreclosure average posted last year and analysts are hopeful that the region's real estate market will improve in 2011.
Continue Reading: Residential and Land Foreclosure Listings Surged in Louisville
Residential and commercial property foreclosure listings continue to rise in Springfield, Massachusetts in the last quarter of 2010. The city recorded the biggest foreclosure deeds-related filings total in the whole state for the January-November period. The area had a total of 575 filings for the 11 months.
Continue Reading: Springfield Top in Home and Commercial Property Foreclosure Listings
Housing market reports have revealed that values of residential properties including foreclosed, non-foreclosures and even those in federal house lists have declined in the region of Denver-Fort Worth, Texas by over $10 billion in 2010. The decline for the current year also represents an increase from the previous year.
Continue Reading: Home Values, Including Those in Federal House Lists, Decline in D-FW
Multi family property listings have remained at a standstill for several years in the downtown area of Fort Myers, Florida. However, the past few months saw the market getting a new lease on life as more buyers get their hands on condominium and apartment units and developers initiate projects for similar structures.
Continue Reading: Multi Family Property Listings Attract Buyers in Fort Myers
Although Tulsa, Oklahoma has its share of bank repo listings and foreclosures, the city still made it to the top of the list of the best areas for conservative real estate investors. According to Local Market Monitor, the Tulsa housing market is the most highly favored among traditional property investors.
Continue Reading: Tulsa Considered Good Bet Despite Foreclosures and Bank Repo Listings
Residential properties under Freddie Mac home listings and bank foreclosure listings are expected to increase in number before the year ends as the loan delinquency rates of majority of U.S. metro areas continue to rise.
Continue Reading: Expected Rise in Bank and Freddie Mac Home Listings Not As Bad in Austin
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