List of Freddie Mac foreclosures and bank foreclosure listings continue to grow despite loan modification efforts. Residents complain that banks' systems lack coherence.
A rising number of newbies have been participating in auctions of homes included in foreclosure listings due to falling home prices and bid price levels.
While nationwide existing-home sales fell by 3 percent in March, sales of preowned homes, including homes in foreclosure listings, in South Florida increased.
Home buyers are competing to buy pre-owned homes in Silicon Valley because of the dropping number of homes available for sale, including properties in foreclosure listings.
President Obama's stimulus program has not yet shown its impact in terms of home price levels and foreclosure levels. Home prices are still low compared to previous years' price levels and homes continue to be added to foreclosure listings.
A city in Michigan would do well to convert homes in foreclosure listings into nature parks and preserves to lessen the environmental damage caused by the automobile industry.
The restrained increase in the number of homes in Florida’s foreclosure listings has been attributed to the below than 1 percent rise in foreclosure filings for February 2009.
Distressed real estate and non-foreclosed residential properties were more expensive in San Francisco compared with other areas. The region was second overall.
San Diego home auctions are slowing, but defaults are still surging. In February, a total of 1,141 homes were foreclosed and a total of 2,345 default notices were filed.
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