Foreclosure by State

Prices of houses in New Mexico have remained low, with market analysts attributing the price depression to bank foreclosures and Fannie Mae foreclosure listings. Meanwhile, mortgage rates in the region have also gone up in the last week of March 2011, which could possibly hinder residential sales in the state.

Continue Reading: Fannie Mae Foreclosure Listings Continue to Weigh Down Home Prices

More potential buyers of residential properties, like homes in federal foreclosure listings, have come to Kentucky in the past decade as the 2010 U.S. Census Bureau report showed the state growing by more than 6% over the ten-year period. The Golden Triangle region of the state recorded the biggest population growth during the decade.

Continue Reading: Potential Buyers of Homes in Federal Foreclosure Listings Increase

There are still plenty of homeowners in danger of losing their properties to foreclosure and seeking foreclosure assistance. Despite this, most real estate analysts believe that home markets in Pennsylvania are starting to improve as sales of both new houses and existing dwellings posted increases in February 2011 compared with year-ago levels in certain areas.

Continue Reading: Foreclosure Assistance Needed Despite Improved Sales in PA

Last February, the volume of homes which entered the Illinois distressed property listings slowed down compared to last year’s figures. But despite this, experts still believe that the foreclosure crisis is not yet over and recovery is still far.

Continue Reading: Homes in Illinois Distressed Property Listings Drop

Prices of regular houses and residential properties under single and multi family foreclosure listings in Massachusetts differ from one corner of the state to another. Analysts stated that the best example of this price variation within one state can be seen in the suburban beltways of Interstate 495 and Route 128.

Continue Reading: Multi Family Foreclosure Listings Affect Prices Differently

There might not be enough people to engage in foreclosure investing in some local areas of New Jersey as census reports showed massive population declines in certain areas. According to analysts, part of the reason for the diminished number of residents was the real estate boom that started at the early part of the decade and ended by the middle of the 2000s.

Continue Reading: Foreclosure Investing Expected to Be Affected by Population Decline

In terms of property sales, residential and commercial foreclosures were not much of a factor in Texas in 2010 compared with other states and with the national level. The number of foreclosed houses that were sold in the region last year went down by almost a quarter when compared with year-ago levels.

Continue Reading: Sales of Residential and Commercial Foreclosures Decline in Texas

The number of foreclosed properties, including those under lists of federal homes, increased in Florida during the October-December quarter of 2010. The foreclosure rate of the state jumped higher and inventory of distressed houses rose, according to a report from the Mortgage Bankers Association.

Continue Reading: Lists of Federal Homes and Bank Foreclosures Highest in Florida

As the number of foreclosures rises in Missouri, the list of cheap houses also expands. Despite the presence of these low-priced dwellings, a big number of state residents are still unable or unwilling to make a purchase, and the number of residents in need of a place to live is still rising. To help address the shortage of affordable housing in the state, the Missouri Housing Development Commission has approved tax credits meant to support [...]

Continue Reading: Low Income Housing Gets Support Amid Long List of Cheap Houses

The continuous rise in foreclosure listings by state in the U.S. has affected housing unit sales and the median and average selling prices of homes in majority of the country's markets. However, Wisconsin seemed to be doing relatively well despite the huge number of foreclosures. Sales of housing units jumped in certain areas of the state last January.

Continue Reading: Rising Foreclosure Listings by State Not As Big a Problem in Milwaukee

When the foreclosure crisis started around four years ago, single family houses comprised the highest percentage of distressed property totals in most U.S. areas. The impact of the crisis on the commercial real estate market was a bit delayed, with foreclosures in the commercial industry starting almost two years after the problem hit the residential property market.

Continue Reading: Single Family Houses: Not the Only Properties Facing Foreclosure in IN