A series of workshops for owners affected by problems related to foreclosure home auctions for sale will be held in some areas of Michigan. Counseling will be provided to attendees.
The foreclosure picture in California shows conflicting data, with foreclosures, including San Jose foreclosure home auctions for sale, remaining level while repossessions rise.
African Americans homeowners reportedly account for a large percentage of foreclosure home auctions for sale in the U.S. They also account for a high percentage of homeowners who have sought counseling for foreclosure prevention from government agencies.
Listings of foreclosure homes continued to hammer housing prices down in the fourth quarter of last year. The drop in prices led to more underwater mortgages.
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