Sales of existing dwellings, including bank and VA foreclosed homes, went up in Philadelphia, Pennsylvania in March 2011 compared with the previous month. However, sales were down when compared with one year ago. According to local realtors, investors accounted for a large percentage of sales transactions during the period.
Continue Reading: Bank and VA Foreclosed Homes Recorded Higher Sales in Philadelphia
The high number of foreclosed properties, including HUD foreclosures, has contributed to the decline of the new home market in several areas of Pennsylvania last year, according to housing industry observers. The slowdown in housing starts also resulted in the poor performance of related industries, such as furniture, lumber, and household appliances.
Continue Reading: Bank and HUD Foreclosures Contribute to New Home Market Decline
Erie foreclosures like all other mortgage foreclosures have three phases that are opportunities for investment. The first is the pre-foreclosure stage, the second is the auction stage and the third is the Real Estate Owned (REO) stage. Each one of these has pros and cons. In the pre-foreclosure stage you will be in contact with [...]
Continue Reading: Three Great Opportunities to Purchase Erie Foreclosures – Foreclosed Homes Listings
Purchase Pittsburgh foreclosure homes can be a great opportunity to make your dreams come true. Because Pittsburgh foreclosure homes can sometimes be purchased for below their market value, this can mean a good amount of savings for the
Continue Reading: If You Are Thinking of Investing in Real Estate, Consider Pittsburgh Foreclosure Homes
If you have been working for so many years now, the idea or retiring is certainly appealing. Selling your home and moving into another place like Pennsylvania is probably among your options. With its beautiful surroundings and relaxed atmosphere, this state can easily provide the quiet life you have been yearning for. To be practical, you should consider buying one of the Pennsylvania foreclosure
Continue Reading: Retire Early with Pennsylvania Foreclosure Homes
The total number of Pennsylvania foreclosures sale for the month of March was 251. The average sale price for foreclosed properties in Pennsylvania was $67,814. The total savings on foreclosure buys was estimated at
Continue Reading: Foreclosures on a rise in Pennsylvania
Unlike most states that are struggling with high foreclosures rate, Pennsylvania seems to be experiencing a slowing down in foreclosures activity. After only one year, the state's foreclosures rate has decreased by almost 30 percent. For local residents, this could be a good sign that the worst is almost over. With a total of 8, 463 homes in some stage of foreclosure, Pennsylvania comes in as the 25th state with the highest foreclosures [...]
Continue Reading: Pennsylvania Foreclosures Slowing
