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From the monthly archives:

May 2009

Habitat for Humanity Restores Foreclosed Homes for Sales

by Robert ShultzMay 29, 2009

The San Francisco unit of housing nonprofit Habitat for Humanity has launched its first-ever program to help reduce the glut of foreclosed homes for sales in the Bay Area and at the same time help underserved families acquire an affordable home.

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Over 24 Government Foreclosure Mitigation Bills in California

by Anthony ParkerMay 28, 2009

About 24 legislative bills are being discussed in the California Legislature to enhance statewide government foreclosure programs.

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Dallas-Fort Worth Foreclosure Listings Grew but Prices Rose

by Anthony ParkerMay 28, 2009

In the Dallas-Fort Worth metro area, foreclosure listings grew in the first months of 2009 to its record level in two decades but surprisingly home prices grew also.

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Foreclosed Home for Sale Lists May Affect Florida Elections

by Danny GibsonMay 27, 2009

Volumes of foreclosed home for sale in Florida may hurt the campaigns of politicians racing to become governor in 2010.

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Affordability Rose as Foreclosed Houses Pushed Down Prices

by Anthony ParkerMay 26, 2009

Foreclosed houses pushed down home prices to affordable levels in many areas of the country, pushing up home affordability to 72.5 percent in this year’s first quarter and making home prices the most affordable in almost two decades, based on the Housing Opportunity Index published quarterly by Wells Fargo and the National Association of Homebuilders.

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Bay Area Home Prices Fell as Foreclosed Homes Listings Grew

by Robert ShultzMay 25, 2009

Home prices in the San Francisco Bay Area declined in April by 41 percent as nearly 50 percent of total home sales were properties from foreclosed homes listings, according to San Diego-based real estate research firm MDA DataQuick.

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Collaboration to Reduce Properties at Foreclosed Home Auctions

by Anthony ParkerMay 22, 2009

Neighborhoods across the United States hardest hit by the increase in properties at foreclosed home auctions will get a helping from the National Community Stabilization Trust, a collaboration of private philanthropies, financial institutions and nonprofit housing organizations.

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Minnesota Banks Amend Bill to Trim Foreclosed Homes for Sale

by Mark GoodmanMay 21, 2009

A bill to force mortgage lenders to negotiate with distressed homeowners who are determined to save their houses from becoming foreclosed houses for sale was passed by the Minnesota Legislature on Monday.

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Majority Can Keep Homes from Foreclosure Property Listings

by Mark GoodmanMay 20, 2009

Most American homeowners are confident that they will not lose their homes to forclosure property listings during the nationwide economic crisis, according to a three-week survey conducted by Housing Predictor.com.

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Search Foreclosure for Sale Properties Conveniently

by Robert ShultzMay 19, 2009

To look for a house that you can buy for your own use or for your investment, you do not have to take several days off from your day job. These days, there are already many search tools and real estate web sites that can help you facilitate your search for forclosure for sale properties.

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