Banks that sell houses from tax foreclosure property listings are requiring Northern California potential homebuyers to open escrow in Southern California.
The number of foreclosed properties, including Fannie Mae repos, rose again in Indianapolis for July 2010. The foreclosure rate of the city was above national average for the month.
The southern area of New Jersey has been hit by the foreclosure crisis harder, with the region having a longer list of VA foreclosed homes and bank foreclosures compared with the north.
Flipping property gets more profitable in Colorado as foreclosure activity in the state slows down. In May, foreclosure postings dropped over the month by more than 24 percent to 4,843 filings.
A Texas resort on foreclosure property listings has been sold to a real property investor. Bank of Mauston filed the foreclosure lawsuit against the resort in September of 2008.
Houses in Queen's tax foreclosure property listings have become magnet for criminals and squatters as foreclosure rates in the borough continue to rise.
With bank foreclosure numbers and list of federal foreclosures remaining high in Florida, the state maintains its third ranking in terms of foreclosure filing total among all U.S. states.
Distressed property listings surged by 29 percent in Columbus, Georgia in February this year, based on legal notices filed for the March 2 public foreclosure auction. Foreclosure listings also grew in metro Atlanta during the same period to 10,300.
The market for properties under multi family property listings has been gaining traction in downtown Fort Myers in the past few months as buyers show more interest in purchasing units.
The flow of foreclosed properties, including VA foreclosure homes, and the presence of underwater loan mortgages are conspiring to weigh the U.S. economy down, analysts stated.
Although Texas has its share of foreclosures and REO homes for sale, some of its cities are considered great places for real estate investors even with the housing market still in a downturn.
Real estate investors favored multifamily properties and rental property listings during the 2010 second half. Interest in apartment deals thrived, particularly among REITs.
Buying Fresno bank owned homes has become cheaper than renting. Fresno is fourth in a ranking of cities where it makes more sense to buy a home than rent.
Low income residents in Pennsylvania are getting hit hard by expanding distressed property listings and other foreclosure-related problems, including lack of affordable rental homes.
Bank of Hiawassee foreclosures are examples of bank foreclosures. Buying bank foreclosures can have certain advantages over other types of foreclosures.
The impact of the housing market crisis varies across Sacramento, with the southern part of the city showing the most extensive list of foreclosure auction and distressed properties.
A new rule is being proposed in San Francisco which could have huge implications on developers of rental property listings. The rule provides a way to fund affordable housing.
The number of foreclosures, including Suntrust foreclosure homes, declined in Massachusetts in October. Both completed and initial foreclosure procedures are down for the month.
Buyers are advised to explore affordable repossessed home listings in Phoenix now as they are still available in relatively high numbers. Foreclosure activity slowed down in the Valley in May to a total of 3,200 filings.
The number of Houston distressed properties, as well as overall city foreclosure rates, recorded a jump of over sixty percent during the first quarter of 2010. The number is in comparison with the same period of a year ago.
A court ruling put into question bank foreclosure listings and how banks claim properties from homeowners who have defaulted on their loans. The ruling comes on the heel of increased scrutiny of bank repossessions in areas affected by the housing market crisis.
Properties under bank foreclosures and listings of federal homes for sale are only part of the housing market problem of Texas, with some local areas also facing rising HOA foreclosures.
The increase in the number of properties under Mesa foreclosure listings has led to more fake foreclosure rescue companies. A local bureau has provided advice on how residents can tell.
Investing in bank owned rental homes in Aurora, Colorado is viable because renters comprise one-third of residents in the area. Nearly 1,000 foreclosures were posted in April in the area.
The number of properties under listings of residential foreclosures to be offered at the February 2011 auction increased in Austin, Texas. Compared with the same month of 2010, the rise is almost 15%.
The number of Eugene repo homes for sale, as well as foreclosed properties in the whole Oregon state, declined in July. Compared with the previous month, July's figures represent a 6% drop.
People who plan on buying Atlanta bank foreclosures will have more opportunities as the third quarter of the current year showed a significant increase in the number of foreclosed homes.
Foreclosures, including those under USDA property listings, continue to drop in Nashville. Although foreclosure activities remain higher than last year, monthly rates are declining.
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