The problem of Atlanta foreclosures seem to be shifting to commercial real estate as over $1 billion of commercial property loans were reportedly delinquent for at least 60 days.
Missouri has initiated a federal incentive program designed to help first-time buyers purchase foreclosed homes for sale. Classes are held twice a month to educate prospective buyers about home buying and home ownership.
With record number of foreclosures and homes being sold cheaply to people who buy short sales, it is no surprise that even business properties are being affected in North Carolina.
The chances of finding lower-priced FHA foreclosures in Orlando are still great as the pace of foreclosure in the area surged by 10.5 percent in the first quarter to a total of 10,685 foreclosure filings.
The county housing stimulus program is a positive development for Lawrenceville foreclosure investing. The filing of more than 2,000 foreclosures also means additional opportunities for investors.
The pace of Boston foreclosure auctions contributed significantly to the spike in foreclosure activity in Massachusetts in April. Completed foreclosures spiked by 80 percent to a total of 1,373 in April.
Two great factors for San Diego foreclosure investing are price appreciation and population growth. The median price for resale homes in San Diego County rose by almost 15 percent to $285,000 in April.
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