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Foreclosure Buyers: Last Man Standing

May 31st, 2011
Foreclosure Buyers: Last Man Standing

If you have been keeping track of the foreclosure situation ever since it started, you are probably aware of the challenges facing the housing industry. Although there are times, like last April, when decline in foreclosure activities are recorded and could signify a recovering market, things remain

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Prices at Tax Deed Sales Continue to Decline, While Rental Fees Surge

May 13th, 2011
Prices at Tax Deed Sales Continue to Decline, While Rental Fees Surge

Supplies of bank foreclosed houses and foreclosure tax deed sales remain elevated in Florida, pushing residential prices even lower in most local markets. In the rental housing market, however, the opposite is happening as renters struggle to cope with rising rental fees. According to industry analysts, low and mid-income households are the ones suffering the most from the increasing rental

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Real Estate Broker Sales Showed Impact of Foreclosures on Prices

May 11th, 2011
Real Estate Broker Sales Showed Impact of Foreclosures on Prices

The houses that were sold by real estate broker groups in Louisville, Kentucky during the month of March 2011 were unloaded for much less compared with the same 2010 period. Residential prices dropped in the area by nearly 6% from last year, while February figures also posted a year-over-year decrease which was more than 3%.

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Bank and FHA Loan Foreclosures Shifted Builders’ Focus

May 9th, 2011
Bank and FHA Loan Foreclosures Shifted Builders’ Focus

The rise in the number of bank and FHA loan foreclosures seemed to have eroded some homebuilders' confidence on single family homes and regular houses. Housing data in California showed that a big number of building plans in areas like San Diego County are focused on rental properties, apartments and condominiums.

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Sales of HUD Foreclosure Properties and Other Residences Up in Ohio

May 6th, 2011
Sales of HUD Foreclosure Properties and Other Residences Up in Ohio

Sales of bank and HUD foreclosure homes and other types of residential properties went up in Ohio in March 2011 compared with the previous month. However, sales were still down when compared with a year ago, with most realtors attributing the decline partly to the extreme cold weather during the month.

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Foreclosed Fixer Upper and Distressed Homes Hinder Homebuilding

May 5th, 2011
Foreclosed Fixer Upper and Distressed Homes Hinder Homebuilding

The high number of foreclosed fixer upper homes and distressed dwellings in St. Louis, Missouri has been cited as the primary reason for the downturn in the area's homebuilding industry. With a lot of cheap homes to compete with, new homes stand very little chance of improving their market share. Housing data for March 2011 showed that the new home market is still struggling.

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Regular Home and Duplex Real Estate Foreclosure Sales Up in Charlotte

May 4th, 2011
Regular Home and Duplex Real Estate Foreclosure Sales Up in Charlotte

Sales of residential properties, including single family homes, duplex real estate foreclosure and non-distressed houses, inched up in Charlotte, North Carolina in March 2011 compared with February of this year. However, when compared with March 2010, sales have remained flat. Housing prices also posted a drop when compared with one year ago.

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Condominiums For Sale In Miami Gain Buyers’ Interest

May 3rd, 2011
Condominiums For Sale In Miami Gain Buyers’ Interest

The Miami Metropolitan Statistical Area (MSA) reports that closed deals for condominiums for sale have grew to a whopping 85 percent from March this year and 80 percent from February 2010.

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Demand For Bank Foreclosures For Sale Slows Down

May 2nd, 2011
Demand For Bank Foreclosures For Sale Slows Down

According to a report released by the Austin Board of Realtors, the demand for bank foreclosures for sale may be constricting particularly for single family units. Data show that home sales for the latter declined by 10 percent in March from its sales postings in the same month last year.

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Sales of Regular Houses and Single Family Modular Homes Still Down

April 29th, 2011
Sales of Regular Houses and Single Family Modular Homes Still Down

Sales of regular houses, single family modular homes and other types of residential properties went down in Denver, Colorado in March 2011. According to market analysts, trends in the metro area's housing industry have remained down; causing worries across the sector that recovery will take a long time to occur.

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Few Michigan Borrowers Got Loan Modification, Foreclosures Up Again

April 28th, 2011
Few Michigan Borrowers Got Loan Modification, Foreclosures Up Again

Not a lot of homeowners in Michigan were able to secure loan modification in March 2011 as foreclosure filings rose again in the state when compared with the previous month. The increase followed two consecutive months of decline which was partly attributed to the robo-signing controversy that emerged in the fourth quarter of last year.

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Bank and VA Foreclosed Homes Recorded Higher Sales in Philadelphia

April 27th, 2011
Bank and VA Foreclosed Homes Recorded Higher Sales in Philadelphia

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.

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Distressed and Foreclosure Tax Lien Sales Same As Last Year

April 26th, 2011
Distressed and Foreclosure Tax Lien Sales Same As Last Year

The percentage of residential sales accounted for by distressed properties and foreclosure tax lien sales in California during the period March 2011 remained the same as one year ago. However, when compared with the previous month, distressed property sales posted a decline. Analysts stated that this shows that the state is still dealing with an oversupply of foreclosed and distressed properties.

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Foreclosure Real Estate Investments Still High in Las Vegas

April 25th, 2011
Foreclosure Real Estate Investments Still High in Las Vegas

Foreclosure real estate investments will continue to account for a huge percentage of residential sales transactions in Las Vegas, Nevada, housing industry analysts have predicted. They also stated that it will take between three and four years before the metro area's housing market recovers as around 65,000 homes remain vacant in the area and the new home market remains at an almost standstill.

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Investors Who Buy Cheap Houses Went Shopping in California in March

April 20th, 2011
Investors Who Buy Cheap Houses Went Shopping in California in March

A lot of traditional homebuyers and investors planning to buy cheap houses went to California during the month of March 2011 as housing sales increased in certain markets of the state year-over-year. According to housing market reports, a big percentage of residential sales during the period were accounted for by distressed houses.

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Housing Crisis Led to Interest in Multifamily Foreclosure Real Estate

April 19th, 2011
Housing Crisis Led to Interest in Multifamily Foreclosure Real Estate

The foreclosure real estate crisis that led to hundreds of thousands of distressed properties all around the U.S. has turned a lot of people off home buying. However, it also led to higher interest in multifamily properties among real estate investors. According to housing industry analysts, the popularity of rental homes has convinced investors that multifamily properties are the best options right now.

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Buying Foreclosure Tax Lien Homes and Regular Houses Went Digital

April 18th, 2011
Buying Foreclosure Tax Lien Homes and Regular Houses Went Digital

Buyers of foreclosure tax lien homes and other types of real estate in Oklahoma have welcomed the news that a law has been passed in the state allowing the use of digital signatures in real property contracts. According to analysts, the passage of the measure will make home buying much easier in the region.

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Number of Properties Facing Foreclosure Real Estate Auction Declines

April 15th, 2011
Number of Properties Facing Foreclosure Real Estate Auction Declines

The number of foreclosed properties offered at real estate auction in Massachusetts is expected to decline in the coming months as foreclosure activities dipped in the state during the month of February 2011. Housing reports showed that foreclosure petitions and deed filings fell in February of this year compared with the same period of 2010.

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Judicial Foreclosure Transactions Hammering Chicago Housing Prices

April 14th, 2011
Judicial Foreclosure Transactions Hammering Chicago Housing Prices

Housing industry analysts have reported that judicial foreclosure sales and short sales in Chicago, Illinois are hurting the region's housing prices. They claimed that if these transactions are not included, the prices of homes in the area will actually show stability. However, some have argued that distressed property sales should be included if the true condition of the residential market is to be gauged.

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Phoenix Prices Held Steady Amid Bank and Government Foreclosures

April 13th, 2011
Phoenix Prices Held Steady Amid Bank and Government Foreclosures

Although Phoenix, Arizona has some of the highest numbers of bank and government foreclosures in the whole U.S., the metro area's median residential prices still managed to show an improvement last year as the region recorded the only double-digit price jump among all communities in the Valley in 2010.

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Foreclosures For Sale


New River Foreclosures
New River Foreclosures - 85087
Maricopa County, AZ
$54,900.00
Bradenton Foreclosures
Bradenton Foreclosures - 34207
Manatee County, FL
$34,900.00
Naples Foreclosures
Naples Foreclosures - 34114
Collier County, FL
$1,224,500.00
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