Pre foreclosure

Even with prices of properties in pre foreclosure listings remaining way below normal market levels, a big number of Americans still stay away from homeownership. Some of them just simply do not have the means to buy, while others are still waiting for prices to dip even lower. In Myrtle Beach, South Carolina, the lack of interest in homeownership is benefiting apartment properties.

Continue Reading: Interest in Pre Foreclosure Listings Wanes, Apartment Market Thrives

The number of properties falling under Wisconsin foreclosures and pre foreclosure lists rose in 2010. According to housing market analysts, mortgage refinancing is not exactly working for most troubled homeowners in the state, with majority of applicants still getting their properties seized by lenders after a long, arduous process of applying for modification.

Continue Reading: Foreclosures and Pre Foreclosure Lists Grew in Wisconsin in 2010

People facing potential foreclosures or those living in pre foreclosure homes in North Carolina are being given some hope by the program launched by the State Employees Credit Union (SECU). The credit union has introduced its Mortgage Assistance Program almost two years ago and has since helped thousands of troubled homeowners in the state.

Continue Reading: Owners of Pre Foreclosure Homes Aided by Local Credit Union

The number of properties under foreclosure and pre-foreclosure listings continues to rise in Michigan with real estate investors and home buyers getting the most out of the situation. Recently, a number of these foreclosed properties were auctioned off by Federal Deposit Insurance Corp. (FDIC) for bargain prices.

Continue Reading: Pre-Foreclosure Listings and Foreclosed Properties Benefit Buyers

Housing statistics for the period January-September 2010 showed that St. Tammany Parish has the highest number of properties under foreclosure listings and pre foreclosure home listings in the whole state of Louisiana. The parish, which in the past has had the highest average household earning in the state, is now being hit by the housing market crisis.

Continue Reading: Foreclosed and Pre Foreclosure Home Listings Expand in St. Tammany

The level of problem faced by El Paso County, Colorado in terms of foreclosures and listings of pre foreclosures is much better than other counties in the state; but at the same time, is worse than some local areas. To put it in simpler terms, the county is in the middle level if foreclosure problems within the whole state are to be considered.

Continue Reading: Listings of Pre Foreclosures in El Paso County Not As Bad As Other Areas

Foreclosure activities and properties under pre foreclosure list increased in August 2010 for most U.S. states. Meanwhile, bank and lender repossessions hit record highs. According to the latest housing market data, the number of properties repossessed by lenders rose by 3% to 95,364 compared with July 2010.

Continue Reading: Pre Foreclosure List, Bank Repossessions Up in Most U.S. Areas

The economic problem of Ohio, believed by economists to have been present even before the housing market crisis, has been made worse by the increasing number of homes falling under foreclosure and pre foreclosure listings. U.S. President Barack Obama recently visited the state to assure the public that he is aware of their frustration over the slow economic recovery in the area.

Continue Reading: Foreclosure and Pre Foreclosure Listings Aggravate Ohio Problems

Some homeowners in North Carolina who are on the brink of foreclosure or have their homes under pre foreclosure lists have received some good news recently when they got mail telling them that they will soon be receiving some money. The financial windfall is courtesy of several mortgage firms that had been accused of committing fraudulent actions.

Continue Reading: Homeowners of Properties in Pre Foreclosure Lists Get a Reprieve