Foreclosure Homes

Representative Jose Serrano and Senator Charles Schumer have called on government-sponsored enterprise, Federal National Mortgage Association or Fannie Mae to shoulder the cost of maintaining Bronx foreclosed homes for sale.
Both lawmakers claim that Fannie Mae has abandoned its responsibility of maintaining 14 dilapidated, foreclosed apartment units in Bronx. Fannie Mae backed out of its initial [...]

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 [...]

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, [...]

Going around Marion County, Florida, one could see a great number of house for sale signs as the values of properties in the area continue to drop last month. But the good news is, the low home prices and values are attracting bargain-hunting buyers to the area, especially first-time homebuyers who want to avail of [...]