Archive for 'Foreclosure homes'
Foreclosure Home Purchases Increasing in California
30 May 2008It seems that after a prolonged slide where the housing market saw little demand, the amount of home sales in California are beginning to increase again thanks to the interest of foreclosure investors looking to buy foreclosed homes for discounted prices at auction.
Home Prices at Lows and Encouraging Purchase in Some Areas Due to Foreclosure
28 May 2008It’s now no secret that rising levels of foreclosures have contributed to steadily falling home values across the nation. In many instances, this trend is viewed as alarming and destructive. Falling home values mean homeowners are not earning equity on their purchases, and as a result the foreclosure problem is actually worsened. Many buyers who bought homes during the housing boom are unable to escape foreclosure through refinancing or a sale because they can no longer get the same price on their home.
Foreclosure Buyer Tip: Check the Surrounding Yard
22 May 2008Among distressed homes, buyers generally look out for pre-foreclosures because of its advantages over other foreclosure homes. For instance, sellers of these pre-foreclosures are more open to negotiation because of the time element. Also, the entire sales transaction is certainly faster.
Iowa Experiencing Rising Defaults and Foreclosures
21 May 2008In a reflection of the rising foreclosure rate in Iowa, the Consumer Credit Counseling Service of Northeastern Iowa is now saying that they have also received a heavy increase in the volume of calls they receive from homeowners in distress. Over the first quarter of 2008, calls to the CCSC have increased by over 20%, as foreclosures in Iow have risen slightly during the same time period.
Rising Home Foreclosures in Vermont Sparking Concern Among Bankers, State Officials
15 May 2008Home foreclosures in Vermont are currently up over 170% in April of 2008 than they were in April of 2007, and this is causing state officials to step up their efforts to warn homeowners and make them aware of the opportunities available to them for foreclosure assistance. State officials expect that rising food and fuel costs will contribute to the foreclosure problem, as more and more people find it difficult to keep up with their monthly mortgage payments.
Distressed home owners: Why Not Buy A Foreclosed Home Today!
13 May 2008The subprime tsunami is far from over. And the nation is already grappling with a foreclosure crisis that is unrelenting in its severity for most lower and middle income homeowners. So, if you are one of the few lucky homebuyers, who have the money and the intention to invest in real estate market, try foreclosure homes for sale.
The Foreclosure Flooding Continues
6 May 2008This is the situation all across the US whether it is California, Florida, Texas, Indiana, North Carolina, Pennsylvania, New York, and Washington. All you will get to see around you is more and more foreclosure homes piling up. Government tax foreclosures have been on the rise since 2005 when more than a million homeowners bought homes to mark the onset of the real estate boom. All that remains now is the broken dreams of millions of people who wanted to build the perfect home for their family.
Foreclosure Across the US At An All Time High
5 May 2008Yes! The rate of bank foreclosures in the U.S is on the increase. The filings for tax lien foreclosures have jumped by 23% within the first quarter of 2008. The situation is such that in the very first quarter, the rate was one per 194 homes. Most of the homes were either sent notices of default (NOD) or were repossessed by the banks. In such a situation, it has become extremely difficult for homeowners to stop foreclosures or avoid it.
Increasing North Carolina Foreclosure activity
23 April 2008There has been an unprecedented increase in North Carolina foreclosures through the last year and experts believe that the trend might continue through in this year, 2008. In fact according to reports and data analysis, it has been noticed that foreclosure activities in North Carolina has been growing at a faster rate as compared to the national average. The fact is that today there are more foreclosure homes in North Carolina than ever before.
Mayor’s Call for action to New Jersey Foreclosures
22 April 2008When half of the world is still getting to grips with the New Year, New Jersey is getting ready for a fresh wave of New Jersey foreclosures. The mayor of New Jersey, Douglas Palmer had a meeting early in the New Year to find a solution to the overwhelming situation of New Jersey foreclosure homes.
