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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From the monthly archives:
October 2009
The Oakland County in Michigan has received a grant to support efforts to trim down the number of foreclosure homes on real estate listing. The almost $17 million multi-year grant has been awarded to the Community and Economic Development Department.
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A foreclosure list is a powerful tool that is used by both savvy investors and seasoned homebuyers. If you are looking for a low-cost foreclosed home, you may want to use a foreclosure list as well. Foreclosed property listings, as their name suggests, are a database or list of available foreclosed homes. Buyers can easily consult these lists to find the properties that interest them.
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The county of Lebanon in Pennsylvania has received a Neighborhood Revitalization Grant to buy from foreclosed properties listings. The $1.5 million grant from the U.S. Housing and Urban Development (HUD) will finance the purchase of foreclosed properties that blighted several neighborhoods in the city.
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Indianapolis foreclosure lists have been pushing up home affordability in the area, based on a report from the National Association of Homebuilders and on the Housing Opportunity Index of Wells Fargo.
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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 West Valley Art Museum in Surprise, Illinois is on the list of foreclosed properties. The art museum, which will celebrate its 30th anniversary, will be put on the foreclosure auction block unless it could settle its overdue loan payment amounting to $500,000.
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Michigan foreclosure listings have been growing faster in the suburbs than in the centers of metro areas, based on an analysis of nearly four years of metropolitan area foreclosures.
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Georgia foreclosure listings continue to grow as delinquent residential construction loans continue to worsen, based on statements issued by financial analysts concerning the third-quarter performance of Georgia banks.
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Illinois foreclosure listings are still growing, putting the state tenth in a ranking of state foreclosure rates in the July to September quarter as unemployment in the state continued to rise.
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