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Joblessness and Foreclosure Homes for Sale: Is There a Link? (Foreclosure)

Many analysts are saying that the first wave of forclosure homes for sale were the results of high-rate high-risk subprime lending and the second wave of foreclosures are being caused by rising unemployment rates. But if one digs more deeply into data provided by California-based foreclosure tracking firm RealtyTrac on foreclosure …
Source: www.foreclosurelistingsnationwide.com

Inland Home Sales Rise Amid Foreclosure VA Listings
New home sales in the California Inland counties of San Bernardino and Riverside increased in the first quarter this year, but home builders are still concerned about foreclosures and foreclosure VA lists that continue to haunt California. Home builders are worried about the continued rise in unemployment and foreclosures, including foreclosure …
Source: www.foreclosurelistingsnationwide.com

6-Month Moratorium on Bank Forclosures for Sale in Ohio
Distressed homes owners can now heave a sigh of relief. The Ohio House has passed HB3 which would delay bank forclosures for sale in the state for six months. Also included in the bill is the new foreclosure filing fee of $750 to help fund foreclosure-prevention counseling. The bill is touted …
Source: www.foreclosurelistingsnationwide.com

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