From the category archives:
Stockton foreclosure listings continue to grow because of the high level of unemployment in the area. Although the pace of foreclosures slowed down slightly in the July to September quarter compared to the same period last year, the rate of foreclosure in the area still increased by nearly 2 percent from the previous three-month period.
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Reverend Jesse Jackson, a civil-rights activist and former presidential candidate, has called on churchgoers at the Friendship Baptist Church to help trim down foreclosure house listings by opposing predatory lending.
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It seems that loan modification is turning out to be a popular method of curtailing foreclosure home listing in Saint Louis, Missouri.
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Los Angeles foreclosure lists continued to grow as the unemployment rate in the area continued to rise, based on data from a foreclosure tracking firm.
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Houston foreclosure lists grew in the first weeks of October compared to foreclosures during the same month last year because of the effects of Hurricane Ike, based on a report from the Houston Association of Realtors.
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The way Philadelphia foreclosure listings are being contained by the city and state governments is being studied by the Obama administration for its plan of further improving its foreclosure prevention program.
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Foreclosed list sales increased again in Santa Clara County, California in September, based on data from a real estate research firm based in San Diego.
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Complaints against a federal foreclosure prevention program from troubled homeowners who are at risk of losing their properties to bank foreclosure listings are growing in numbers every day.
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Foreclosure home in Tulare County, California is expected to rise after the end of the moratorium. Industry experts said that so far, the increase is not yet evident in the real estate market in the area, adding that the current inventory of foreclosure houses for sale is at its lowest level.
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TThe number of properties on Pittsburgh foreclosure listings is expected to jump up in the coming months as the 79-week unemployment extensions and benefits will come to a close. It is expected that 20,000 unemployment benefits will expire in Pennsylvania while 45,000 will come to an end in New Jersey. An additional 14,000 people in Pennsylvania will lose their benefits before the end of this week.
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