Foreclosure Homes Information

Foreclosure News, Articles, and Updated Homes Information

Foreclosure-Support Logo

From the monthly archives:

October 2009

Bank Helps Elderly Avoid San Diego Foreclosed Homes for Sale

by Danny GibsonOctober 30, 2009

The Bank of America has been helping older people holding options adjustable rate mortgages (ARM) from losing their properties to San Diego foreclosed homes for sale.
The bank has adopted the reserve mortgage strategy. Industry experts explained that reverse mortgage is made available to older people in the form of equity loans. But senior homeowners do [...]

Read the full article →

Fort Worth Foreclosed Homes for Sale Pulls Down Home Prices

by Mark GoodmanOctober 30, 2009

Home prices in Texas continued to drop, albeit at a slow pace, partly due to the flood of Fort Worth foreclosed homes for sale that glut the market. Recent market data showed that pre-owned home prices dropped by 1.2 percent two months ago, compared with the same month in 2008.
According to industry experts, the August [...]

Read the full article →

Buying Foreclosure Homes For Sale From a Bank

by Anthony ParkerOctober 29, 2009

There are many ways to buy foreclosure homes for sale, but one of the best ways for new homebuyers is to buy through a bank. Banks sell foreclosures, which are known as REO (Real Estate Owned) properties. These homes have been repossessed because previous homeowner have not paid their mortgage. Banks are very eager to [...]

Read the full article →

3.5 Million New Denver Foreclosed Homes for Sale Expected

by Danny GibsonOctober 27, 2009

The number of Denver foreclosures for sale is expected to grow by as much as 3.5 million in the next two years. This is the bleak prediction of industry experts as they noted the increasing number of homeowners who lost their jobs or have reduced their income.
Market data showed that 2009 will surpassed the number [...]

Read the full article →

Stockton Foreclosed Homes for Sale Held Back, Prices Flat

by Danny GibsonOctober 27, 2009

Stockton foreclosed homes for sale did not increase in number in September as expected by buyers and brokers, as banks controlled the release of their foreclosed properties, according to research firm Trendgraphix and realtors in San Joaquin County.
Because of the decreased number of foreclosures released by banks, the total number of homes for sale in [...]

Read the full article →

Tampa Foreclosed Homes for Sale Continue to Push Prices Down

by Mark GoodmanOctober 26, 2009

Tampa foreclosed homes for sale will continue to push prices down in the Tampa Bay area, based on statements from economists who participated in a conference held by the National Association of Home Builders last week.
The economists said that high unemployment levels and increasing mortgage rates, in addition to high number of foreclosure homes, will [...]

Read the full article →

Chicago Foreclosed Homes for Sale Drove Total Home Sales Up

by Robert ShultzOctober 26, 2009

The total home sales for September in an Illinois city rose significantly. Thanks to Chicago foreclosure homes sale which helped push up the sales number, making it three consecutive months of increase.
The September home sales gain was the biggest in three consecutive months. According to industry experts, sales posted in the city were the first [...]

Read the full article →

Oregon Beset by Rising Foreclosure Home Listing, Unemployment

by Mark GoodmanOctober 23, 2009

Oregon is seeing the number of properties on foreclosure home listing growing daily. The economic downturn is taking its toll on the lives of residents and neighborhoods from Portland, Salem to Medford and even in rural areas.
Aside from the increasing foreclosure home listing that has been plaguing the state for some time now, Oregon is [...]

Read the full article →

Illinois Foreclosure Homes for Sale Rising in Suburban Areas

by Anthony ParkerOctober 23, 2009

Illinois foreclosure homes for sale have been rising faster in number in suburban counties than in metro areas, based on an analysis of foreclosure data in September and in the whole third quarter of this year.
While foreclosure postings increased in Cook County in the July to September quarter by only 6 percent over last year, [...]

Read the full article →

Georgia Foreclosure Homes for Sale Still Growing in Number

by Danny GibsonOctober 22, 2009

Georgia foreclosure homes for sale are still growing in number, based on a report of nationwide foreclosure filings released this week by a real estate research company.
In the third quarter, foreclosure actions filed by lenders in Georgia reached 33,385, marking a jump of 25 percent from the same quarter last year and a rise of [...]

Read the full article →

← Previous Entries