Foreclosure list prices in the Santa Cruz area of California are still down, compared to prices 12 months ago.
Continue Reading: Foreclosure List Prices in Santa Cruz, California Still Down
From the monthly archives:
June 2009
Over 6,000 properties in Dallas-Fort Worth Metroplex in Texas were added on repo homes listings scheduled for auctions in July. The figures were 62 percent higher than the same month last year.
Continue Reading: Record High Repo Homes Listings in Dallas-Fort Worth
North Carolina was able to help nearly 1,000 homeowners avoid REO properties for sale under the State Home Foreclosure Prevention Project. The program started seven months ago as an emergency response to over 6,000 homeowners in North Carolina who took out subprime loans and are facing the threat of losing their homes to foreclosure.
Continue Reading: REO Properties for Sale Prevention Program: A Progress Report
Option adjustable rate mortgage loans worth around $230 billion are set to adjust to higher loan rates this year until 2012 and are expected to add larger numbers of foreclosed properties into the housing market which is already loaded with foreclosures.
Continue Reading: $230 Billion Option ARMs May Add More Foreclosed Properties
Foreclosed home listing sales, existing home sales and new home sales in Southern California increased for the 11th straight month in May, according to market data released this week.
Continue Reading: Foreclosed Home Listing Sales Rose in Southern California
Sales of existing homes and properties on lists of bank foreclosures surged by 14.5 percent in South Hampton Roads in Virginia. Data released showed that investors and first-time home buyers have showed interest again on the housing market, driving up home sales in the area.
Continue Reading: Rise in Sales of Homes on Lists of Bank Foreclosures
The wave of foreclosure in South Florida continues to gain momentum as two more prominent residential projects are facing the possibility of being added on REO property listings.
Continue Reading: REO Property Listings Still Growing in South Florida
As foreclosure listings grew in many housing markets nationwide in June, the Wells Fargo/National Association of Home Builders HMI or Housing Market Index fell to 15, a difference of one point from last month. The index, whose maximum level is 100 points, reached its highest peak in December 1998 when it reached 78 and had its lowest level in January, when it had only 8 points.
Continue Reading: NAHB Housing Market Index Fell as Foreclosure Listings Grew
A rising number of homeowners are complaining that they cannot refinance their homes to prevent them from becoming foreclosure homes because appraisers have been making extremely low home valuations.
Continue Reading: Low Appraisals Contribute to Rise in Foreclosure Homes
The houses of a growing number of small businesses operators across California have been appearing in foreclosed home search results as more and more of them are losing their businesses and houses to the recession.
Continue Reading: Small Business Owners´ Homes in Foreclosed Home Search
