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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Florida foreclosure listings are still growing and home prices are still falling as the unemployment rate in the state continues to rise, based on data from three real estate research firms.
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Stockton foreclosure listings are still dominating the housing market despite a slowdown in foreclosure actions, based on reports from real estate information providers and property analysts in San Joaquin Valley.
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California Foreclosure Listings slowed in September, but foreclosed properties still defined the market and still constituted a strong force that affected sales prices.
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