From the category archives:

Foreclosure by City

Las Vegas Foreclosure Listings Show Lessons to be Learned

by Jason MacDowell on October 15, 2009

The record numbers of properties in Las Vegas foreclosure listings have been prompting city officials and analysts to think about the future of Las Vegas in comparison to what happened in Rust Belt cities such as Detroit, Cleveland, Buffalo and Pittsburgh.

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Miami foreclosure listings continue to get filled with distressed condos. As rents fall to their lowest levels and vacancy rates soar, more condo owners and developers are being forced to foreclosure.

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The high number of Los Angeles foreclosure listings may grow further if more homeowners who took out loans guaranteed by the U.S. Federal Housing Administration become delinquent and ultimately go into foreclosure.

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Las Vegas foreclosure listings have been growing in the commercial sector, just like in many cities throughout the country, according to officers of the Southern Nevada unit of the National Association of Industrial and Office Properties.

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Indianapolis foreclosure listings are leveling, but they may again grow as soon as major Indiana employer Eli Lilly implements its plan of cutting 5,500 jobs over the next 24 months.

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Hialeah Foreclosure Listings to be Addressed by NSP Funds

by Elizabeth Rush on October 8, 2009

A number of homes in Hialeah foreclosure listings will be acquired by the city of Hialeah for rehabilitation and for resale to qualified families under the federal Neighborhood Stabilization Program.

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Many homes included in Charlotte foreclosure listings arose from failed loan modification efforts, according to homeowners and housing advocates in North Carolina.

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Brooklyn Foreclosure Listings Addressed by U.S. Rep Towns

by Elizabeth Rush on October 5, 2009

The issue of Brooklyn Foreclosure Listings was addressed by U.S. Representative Edolphus Towns and other housing counselors and analysts in a recent discussion that will be aired on Time Warner Cable, Verizon and Cablevision.

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REO Property Listings Affect Chicago Home and Condo Prices

by Elizabeth Rush on October 5, 2009

REO property listings continue to pull down the sales prices of single-family houses, condo units and townhomes in Chicago, based on a report on residential sales in August from the Illinois Association of Realtors.

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The number of houses in San Jose foreclosure listings is still rising largely because of job loss, according to Kevin Stein, one of the leaders of the California Reinvestment Coalition.

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