Archive for July, 2008
Is This The Right Time To Invest In Huston Realty Market?
Monday, July 7th, 2008If you stay in Huston, and are sitting on a pile of cash waiting for a right investment opportunity to present itself and grab your attention, it’s time to get into action. The Huston market is looking ripe for investment and residential realtors are opining that there is no better time than NOW to invest in foreclosure homes in Huston. Thousands of investors are getting their hands on Houston foreclosures due to the real estate crisis.
The Devastating Effects Of Foreclosure Reverberating Through The Missouri Housing Market
Friday, July 4th, 2008The scene is quite common nowadays in Missouri. Empty houses with “do not trespass” signs, or vacant house signs can be seen everywhere. Realtors, home inspectors, and bankers are busy trying to find buyers to sell these foreclosed homes, but business isn’t as good as it used to be.
Rapidly Increasing Phoenix Foreclosures Overtake Tucson
Thursday, July 3rd, 2008On foreclosures by state basis, Arizona ranks #3 for the highest rate of foreclosed houses and had 27,404, which work out to be one foreclosure per 95 households. The single largest contributor to these escalated numbers are Phoenix foreclosures that account for 84% of the entire state’s mortgage defaulters with one foreclosure filing for every 70 Phoenix households. Moreover, Phoenix now ranks as the 7 city with the highest foreclosure rate in the nation.
Low New York Foreclosure Rate Indicates Homebuyer Judiciousness
Wednesday, July 2nd, 2008While the frequency with which foreclosed homes are appearing in other states, New York has a very insignificant number of foreclosures for sale. Almost every state has a high propensity of people failing to keep up with mortgage payments on their homes which results in the homes ending up in the foreclosed market, but the situation in New York begs to differ. Even the metro areas of New York where it must be expected to have a high foreclosure rate, following the rates in other states, show low incidences of foreclosed houses.
Foreclosures In North Carolina Are Arriving At A Low!
Tuesday, July 1st, 2008Just when it had become quite apparent that the North Carolina foreclosures would proceed to rank right up there with the top five states in the nation, abruptly, the number of foreclosed homes in the state has come to a lull. The good news is that this number is also slowly on the decline. The reducing number of North Carolina foreclosures is now indicative of North Carolina pulling out of the high-risk-for-foreclosure league of states.
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