Atom Feed from Searchles Sun Nov 08 21:08:20 EST 2009 en-us Bank Owned Properties in Georgia – Focus of Wells Fargo lets03 Bank owned properties in Georgia are expected to be contained in the next few months after Wells Fargo and its unit Wachovia decided to delay foreclosure actions on a lot of troubled homes in metro Atlanta. Foreclosure prevention workshops will also be held by the banks. Find Repo Houses for Sale Easily in Detroit lets03 Find repo houses for sale easily in Detroit, as thousands of foreclosures are available for sale in the city. The closure of auto plants in the city made thousands of workers jobless and put thousands of homes into foreclosure. Orlando Foreclosed Properties Rose in 3Q, Put the City 11th lets03 Orlando foreclosed properties rose in the third quarter, putting the city 11th in a ranking of 203 large metro areas with high foreclosure rates. A total of 22,700 residential properties in the Orlando metro area were notified of foreclosure actions. Many Single Family Homes Owners Are Underwater lets03 A recent market study showed that many owners with mortgages on their single-family homes owe more on the mortgages than the value of their properties. The recent trend indicated that the foreclosure crisis is here to stay for a little longer. Multi Family Homes Project Facing Foreclosure lets03 A multi family homes project is facing foreclosure after its developer defaulted on almost $4 million loan. Five properties were used as collateral on a 2007 deal gone bad. Foreclosure Home Listing in Minnesota Shows Lower Prices lets03 Foreclosure home listing in Minnesota shows lower prices as foreclosures continue to rise in the state. More than 10,000 foreclosure actions were posted in the state during the July to September quarter. Bank, Government Tax Foreclosures Swamp Office Market lets03 Georgia’s commercial real estate market is flooded with vacant office spaces due to high bank and government tax foreclosures rates. Industry experts said that it could take years for the vacant office spaces to find occupants. Luxury Homes on Boston Foreclosures for Sale lets03 In less than one hour, about $20 million worth of luxury homes were sold in Boston foreclosures for sale. Minimum bids started at $1.075 million and the final prices average over $1.35 million. Foreclosed House Auction of About 9,500 Units in Georgia lets03 A court-supervised foreclosed house auction of around 9,500 units across Georgia in November was one of the reasons for the appearance of several advocates before a congressional hearing held in Atlanta. A bank association president also testified about bank failures. Foreclosure Properties Auction for Condo-Office in Augusta lets03 A foreclosure properties auction for an FDIC-seized condo-office building in Augusta, Georgia failed because the sole bid was too low. The building will be packaged together with other FDIC-seized properties and will be sold off to investors. Detroit Foreclosure for Sale: A Challenge to Local Leaders lets03 The growing number of Detroit foreclosures for sale is posing a big challenge to city leaders. Experts suggest that city officials should prevent foreclosure properties from becoming blights in healthiest neighborhoods first. Foreclosure Properties Moving to Suburbs lets03 It used to be that foreclosure properties were a problem of inner cities in Illinois. Now, the crisis has spread to middle-class communities in suburban areas. Resort on Foreclosure Property Listings Sold to Investor lets03 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. Denver Foreclosures for Sale Still Hurting Home Prices lets03 Denver foreclosures for sale continued to pull down home prices in the area. In August, home price dropped by 1.44 percent compared with the same month the previous year. Dallas Foreclosures for Sale Hinders Full Market Recovery lets03 Dallas foreclosures for sale are still clogging the housing market and pulling down home prices and values. This trend prevents the housing market from obtaining full recovery. Buying Home Foreclosures Made Possible by Federal Funds lets03 Buying home foreclosures in California has become even easy with the help of federal funds. The funds made it possible for many families to fulfill their dreams of home ownership. Links Between City Walkability And Air Pollution Exposure Revealed alexanderhampp A new study compares neighborhoods' walkability (degree of ease for walking) with local levels of air pollution and finds that some neighborhoods might be good for walking, but have poor air quality. Researchers involved in the study include University of Minnesota faculty member Julian Marshall and University of British Columbia faculty Michael Brauer and Lawrence Frank. The findings highlight the need for urban design to consider both walkability and air pollution, recognizing that neighborhoo China's Wen Tells EU to Stick to Current Climate Pact alexanderhampp China will insist key global climate change negotiations next month build on current treaties that limit the obligations of poor countries in controlling greenhouse gas emissions, Chinese Premier Wen Jiabao said. U.S. Urged to Set 2020 Target to Save Climate Deal alexanderhampp The United States came under pressure on Monday to follow other rich countries and set a 2020 goal for cutting greenhouse gases to rescue chances for a climate deal due next month in Copenhagen. GOP Senators Balk on Votes on Climate Change alexanderhampp Republican senators on Monday demanded additional studies on the cost and job impact of a climate bill before it is voted on by a key committee, exposing the sharp partisan divide in Congress over legislation aimed at addressing global warming.