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Posted by cassy82, at 04:28PM 11/27/09 :
Charlotte Foreclosed Homes Drag Down House Prices
Note: Charlotte foreclosed homes helped push up house sales, but dragged down home prices, according to the Charlotte Regional Realtor Association. The average price of homes in October fell by nearly 10 percent to $196,204.
Posted by cassy82, at 12:37PM 11/27/09 :
Bank Homes to Arise from 350,000 Exotic Mortgages
Note: The rise in bank homes in the next few years will arise from the 350,000 exotic mortgages taken out from 2004 to 2007, according to a report published by S&P. The report stated that more than 22 percent of option ARM borrowers defaulted within 20 months after the issuance of their loans.
Posted by cassy82, at 01:40PM 11/18/09 :
Listing of Foreclosed Homes Record High in McLennan, Texas
Note: The listing of foreclosed homes rose this year in McLennan County, Texas as unemployment continued to force homeowners into default. A total of 1,387 residential units in McLennan were posted for foreclosure auctions this year.
Posted by cassy82, at 12:56PM 11/13/09 :
Foreclosed Listings in Dayton Soared More Than 55 Percent
Note: Foreclosed listings in the Dayton metro area in Ohio grew by more than 55 percent in October compared to the previous month. A total of 1,070 foreclosure actions were filed in the area in October.
Posted by cassy82, at 10:06AM 11/13/09 :
Miami Foreclosures for Sale for Multifamily Investors
Note: Miami foreclosures for sale have been rising in number in the multifamily sector. Condo units at Terra Beachside and at South of Fifth and apartment units at Airport Villas are among these foreclosures.
Posted by cassy82, at 02:54PM 11/12/09 :
List of Foreclosed Homes Dip in Utah, But Still High
Note: The list of foreclosed homes in Utah in October declined compared to September as lenders implemented foreclosure prevention efforts, but the level of foreclosure filings are still high.
Posted by cassy82, at 11:23AM 11/11/09 :
Las Vegas Foreclosures for Sale Kept Home Prices at Bay
Note: The percentage of Las Vegas foreclosures for sale that closed in October dropped, but the percentage was still high at 64.5 percent. Foreclosures kept the median sales price at $139,100.
Posted by cassy82, at 03:33PM 11/10/09 :
For Sale by Owner – Delay if Possible, Sell Quickly if Not
Note: Prospective for sale by owner sellers are advised by real estate analysts to postpone listing if they can until prices get better. But if they are not able to postpone selling, they must decide quickly because prices are falling.
Posted by cassy82, at 12:10PM 11/10/09 :
Jacksonville Foreclosures for Sale Control Pace of Recovery
Note: Jacksonville foreclosures for sale are expected by analysts to keep at bay the recovery hoped for by many residents. The rise in the unemployment rate in September drove further increases in foreclosures in the July to September quarter.
Posted by cassy82, at 04:03PM 11/06/09 :
Dallas Foreclosed Homes for Sale Rose 34 Percent
Note: The number of Dallas foreclosed homes for sale that is scheduled for auction this month rose by almost 34 percent. Total foreclosures hit 51,000 for this year so far.
Posted by cassy82, at 01:03PM 11/06/09 :
Brooklyn Foreclosures for Sale May Rise With Stuyvesant Ruling
Note: Industry experts are concerned that the recent court ruling on Stuyvesant Town apartment would further push up the Brooklyn foreclosures for sale numbers. The court ordered the apartment building owners to pay damages and rent overcharges to tenants.
Posted by cassy82, at 04:14PM 11/05/09 :
Prices of Bank Foreclosures for Sale Rising
Note: A recent market study showed that prices of bank foreclosures for sale are rising. This is in sharp contrast with the real estate prices in general which have been plummeting for some time now.
Posted by cassy82, at 01:15PM 11/05/09 :
Bank Foreclosure Properties Expected to Grow Due to Bad Loans
Note: The number of bank foreclosure properties in Pennsylvania is expected to rise as banks are continued to be burdened with bad loans for home construction. Problem loans rose by 3 percent in September.
Posted by cassy82, at 01:29PM 11/04/09 :
More Government Foreclosure Homes as Delinquencies Rose
Note: The number of government foreclosure homes is at risk of increasing in the coming months as delinquencies on mortgage loans insured by Fannie Mae jumped in August. The government-sponsored enterprise’s mortgage portfolio also increased in September.
Posted by cassy82, at 09:55AM 11/04/09 :
Mediation to Control Spread of Bank Foreclosure Homes
Note: The Maine Legislature created a mediation program designed to control the spread of bank foreclosure homes in the state. The program is on a trial run at a county where foreclosure rate is at the highest.
Posted by cassy82, at 01:51PM 10/30/09 :
Foreclosed House Auction in Santa Cruz Sold Over 700 Homes
Note: Foreclosed house auction sales in Santa Cruz County, California slowed in the July to September quarter, but total sales are still relatively high. Over 500 residential units in the county received default notices during the quarter.
Posted by cassy82, at 05:03PM 10/27/09 :
Saving on Airplane Tickets and Other Travel Expenses
Note: With travelers bombarded with surcharges and soaring prices of airplane tickets, it is not in the least surprising that most of them are thinking of ways to cut cost. If you are among these budget-conscious individuals, consider the following suggestions.
Posted by cassy82, at 04:56PM 10/27/09 :
Miami Foreclosure Listings Filled by Underwater Borrowers
Note: Miami foreclosure listings are getting loaded with homes as more underwater borrowers deliberately miss their payments and let their houses go into foreclosure. In Miami-Dade, about 28 percent of mortgage defaults in the last quarter of 2008 were strategic defaults.
Posted by cassy82, at 04:44PM 10/27/09 :
Home Foreclosures in Palm Beach Snapped up by Cash Buyers
Note: Home foreclosures in Palm Beach County, Florida are being snapped up by cash buyers, outbidding lower-income families trying to buy homes under the NSP initiative. Palm Beach County received $27.7 million in NSP funding for its programs.
Posted by cassy82, at 04:35PM 10/27/09 :
Charlotte Foreclosed Properties Slowed but May Rise Again
Note: Charlotte foreclosed properties fell in number in September, but may rise again if the unemployment rate does not improve significantly. Charlotte however is getting national attention, having been named recently as the best place for retirees.
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Posted by cassy82, at 04:28PM 11/27/09 :Charlotte Foreclosed Homes Drag Down House Prices
Note: Charlotte foreclosed homes helped push up house sales, but dragged down home prices, according to the Charlotte Regional Realtor Association. The average price of homes in October fell by nearly 10 percent to $196,204.
Posted by cassy82, at 12:37PM 11/27/09 :Bank Homes to Arise from 350,000 Exotic Mortgages
Note: The rise in bank homes in the next few years will arise from the 350,000 exotic mortgages taken out from 2004 to 2007, according to a report published by S&P. The report stated that more than 22 percent of option ARM borrowers defaulted within 20 months after the issuance of their loans.
Posted by cassy82, at 01:40PM 11/18/09 :Listing of Foreclosed Homes Record High in McLennan, Texas
Note: The listing of foreclosed homes rose this year in McLennan County, Texas as unemployment continued to force homeowners into default. A total of 1,387 residential units in McLennan were posted for foreclosure auctions this year.
Posted by cassy82, at 12:56PM 11/13/09 :Foreclosed Listings in Dayton Soared More Than 55 Percent
Note: Foreclosed listings in the Dayton metro area in Ohio grew by more than 55 percent in October compared to the previous month. A total of 1,070 foreclosure actions were filed in the area in October.
Posted by cassy82, at 10:06AM 11/13/09 :Miami Foreclosures for Sale for Multifamily Investors
Note: Miami foreclosures for sale have been rising in number in the multifamily sector. Condo units at Terra Beachside and at South of Fifth and apartment units at Airport Villas are among these foreclosures.
Posted by cassy82, at 02:54PM 11/12/09 :List of Foreclosed Homes Dip in Utah, But Still High
Note: The list of foreclosed homes in Utah in October declined compared to September as lenders implemented foreclosure prevention efforts, but the level of foreclosure filings are still high.
Posted by cassy82, at 11:23AM 11/11/09 :Las Vegas Foreclosures for Sale Kept Home Prices at Bay
Note: The percentage of Las Vegas foreclosures for sale that closed in October dropped, but the percentage was still high at 64.5 percent. Foreclosures kept the median sales price at $139,100.
Posted by cassy82, at 03:33PM 11/10/09 :For Sale by Owner – Delay if Possible, Sell Quickly if Not
Note: Prospective for sale by owner sellers are advised by real estate analysts to postpone listing if they can until prices get better. But if they are not able to postpone selling, they must decide quickly because prices are falling.
Posted by cassy82, at 12:10PM 11/10/09 :Jacksonville Foreclosures for Sale Control Pace of Recovery
Note: Jacksonville foreclosures for sale are expected by analysts to keep at bay the recovery hoped for by many residents. The rise in the unemployment rate in September drove further increases in foreclosures in the July to September quarter.
Posted by cassy82, at 04:03PM 11/06/09 :Dallas Foreclosed Homes for Sale Rose 34 Percent
Note: The number of Dallas foreclosed homes for sale that is scheduled for auction this month rose by almost 34 percent. Total foreclosures hit 51,000 for this year so far.
Posted by cassy82, at 01:03PM 11/06/09 :Brooklyn Foreclosures for Sale May Rise With Stuyvesant Ruling
Note: Industry experts are concerned that the recent court ruling on Stuyvesant Town apartment would further push up the Brooklyn foreclosures for sale numbers. The court ordered the apartment building owners to pay damages and rent overcharges to tenants.
Posted by cassy82, at 04:14PM 11/05/09 :Prices of Bank Foreclosures for Sale Rising
Note: A recent market study showed that prices of bank foreclosures for sale are rising. This is in sharp contrast with the real estate prices in general which have been plummeting for some time now.
Posted by cassy82, at 01:15PM 11/05/09 :Bank Foreclosure Properties Expected to Grow Due to Bad Loans
Note: The number of bank foreclosure properties in Pennsylvania is expected to rise as banks are continued to be burdened with bad loans for home construction. Problem loans rose by 3 percent in September.
Posted by cassy82, at 01:29PM 11/04/09 :More Government Foreclosure Homes as Delinquencies Rose
Note: The number of government foreclosure homes is at risk of increasing in the coming months as delinquencies on mortgage loans insured by Fannie Mae jumped in August. The government-sponsored enterprise’s mortgage portfolio also increased in September.
Posted by cassy82, at 09:55AM 11/04/09 :Mediation to Control Spread of Bank Foreclosure Homes
Note: The Maine Legislature created a mediation program designed to control the spread of bank foreclosure homes in the state. The program is on a trial run at a county where foreclosure rate is at the highest.
Posted by cassy82, at 01:51PM 10/30/09 :Foreclosed House Auction in Santa Cruz Sold Over 700 Homes
Note: Foreclosed house auction sales in Santa Cruz County, California slowed in the July to September quarter, but total sales are still relatively high. Over 500 residential units in the county received default notices during the quarter.
Posted by cassy82, at 05:03PM 10/27/09 :Saving on Airplane Tickets and Other Travel Expenses
Note: With travelers bombarded with surcharges and soaring prices of airplane tickets, it is not in the least surprising that most of them are thinking of ways to cut cost. If you are among these budget-conscious individuals, consider the following suggestions.
Posted by cassy82, at 04:56PM 10/27/09 :Miami Foreclosure Listings Filled by Underwater Borrowers
Note: Miami foreclosure listings are getting loaded with homes as more underwater borrowers deliberately miss their payments and let their houses go into foreclosure. In Miami-Dade, about 28 percent of mortgage defaults in the last quarter of 2008 were strategic defaults.
Posted by cassy82, at 04:44PM 10/27/09 :Home Foreclosures in Palm Beach Snapped up by Cash Buyers
Note: Home foreclosures in Palm Beach County, Florida are being snapped up by cash buyers, outbidding lower-income families trying to buy homes under the NSP initiative. Palm Beach County received $27.7 million in NSP funding for its programs.
Posted by cassy82, at 04:35PM 10/27/09 :Charlotte Foreclosed Properties Slowed but May Rise Again
Note: Charlotte foreclosed properties fell in number in September, but may rise again if the unemployment rate does not improve significantly. Charlotte however is getting national attention, having been named recently as the best place for retirees.
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