| Home | My Account | Directories |
Low Prices at Home Foreclosure Auctions Pull Down Inventories
Published on 2011-05-12 13:47:16
The low prices of residential properties in the U.S., particularly those properties that are offered at home foreclosure auctions, have been cited as one of the primary reasons for the decline in some markets' for-sale residential inventories. In Washington State, several county markets saw their supplies of residences for sale shrink in March
Bank and Government Home Foreclosure Listing Failed to Stem New Homes
Published on 2011-05-05 12:45:41
The number of residential properties under bank and government home foreclosure listing in Myrtle Beach, South Carolina is still high, but this did not stop local homebuilders from starting several construction projects. According to builders, the current number of new houses being built is the most seen in Myrtle Beach in three years.
Foreclosed and Bankruptcy Homes for Sale Weigh Down Homebuilding
Published on 2011-04-28 11:58:51
With thousands of cheap foreclosed houses and bankruptcy homes for sale to compete with, the new home industry of Indianapolis, Indiana is finding it hard to get a bigger share of the home buying market. Home construction continues to struggle in the region as builders are forced to scale back residential projects due to lack of potential buyers.
Market Favors People Buying Condo Foreclosures and Residences
Published on 2011-04-14 11:41:18
Traditional homebuyers and investors who are into buying condo foreclosures and other types of residential properties will retain their advantage for the rest of 2011, according to majority of housing industry analysts. They argued that the residential property sector will remain a buyer's market for the rest of the current period.
Federal Tax Credits Replaced by Foreclosure Assistance in PA
Published on 2011-04-07 09:31:25
A few years ago, the government provided federal tax credits to assist first time homebuyers acquire a new home and to also stimulate the declining housing market. Now, the problem is more serious, with thousands of homeowners more worried about keeping their homes than finding financial assistance to purchase houses.
More People Show Interest in Buying Houses at Foreclosure Auctions
Published on 2011-03-31 12:17:43
More people are said to be showing interest in buying houses at foreclosure auctions and at other regular home-buying channels in Chicago, Illinois. Although sales and home prices continued their decline in February of this year, realtors reported that optimism is high among sellers as buyers showed increased interest in making a purchase.
Pre Foreclosure Properties Held Back Home Construction
Published on 2011-03-24 14:25:11
The presence of low-priced distressed houses and pre foreclosure properties continue to hinder the growth of the home building sector in Indianapolis, Indiana, analysts have reported. Permits for home construction projects declined in the metro area in February 2011 compared with year-ago levels. According to housing industry analysts, the same thing is happening at the national level.
Bankruptcy Homes and Foreclosures Account for Big Percentage of Sales
Published on 2011-03-17 14:17:35
Low-priced foreclosures and bankruptcy homes account for a large part of housing sales in the Twin Cities of Minnesota. This has resulted in price declines for February 2011 compared with the year before. Actual sales and pending purchases are also down from the same 2010 month.
Real estate Investments and Housing Sales Decline in King County
Published on 2011-03-10 10:57:44
The number of real estate investments and houses sold in King County, Washington declined in February compared with the previous month and the year before. Prices of homes also took a tumble, with both median and average selling rates recording lower figures. Despite the poor showing for the month, realtors are optimistic that sales and prices will pick up in spring.
Foreclosure Process for a Home Showing a Different Face
Published on 2011-03-03 11:46:31
The foreclosure process for a home usually starts when the homeowner is late in paying his or her monthly mortgage loan. In the past, majority of cases involved homeowners who had took out subprime mortgages or bad loans. Recently, however, more and more traditional borrowers are losing their homes to foreclosure in Tennessee.