REO Property Listings Still (Foreclosure) Growing in South Florida
The wave of foreclosure in South Florida continues to gain momentum as two more prominent residential projects are facing the possibility of being added on REO property listings. Lenders have filed foreclosure actions against residential projects: a Delray Beach condominium and marina development and Country Lake at Palm Beach rental complex. A …
Source: www.foreclosurelistingsnationwide.com
Rise in Sales of Homes on Lists of Bank Foreclosures
Sales of existing homes and properties on lists of bank foreclosures surged by 14.5 percent in South Hampton Roads in Virginia. Data released showed that investors and first-time home buyers have showed interest again on the housing market, driving up home sales in the area. The data indicated that in May, …
Source: www.foreclosurelistingsnationwide.com
More Mid-Priced Homes in Pasadena Foreclosure Listings
More middle-priced homes will be added to foreclosure listings in Pasadena and many other parts of California this 2009 and in the next couple of years, according to studies of mortgages and foreclosures in the state. In California, many borrowers who purchased their homes with Alt-A loans and pay option adjustable …
Source: www.foreclosurelistingsnationwide.com
Tags: Bank Foreclosures, Beach Condominium, Borrowers, Delray Beach, First Time Home, First Time Home Buyers, Foreclosure Listings, Housing Market, Lenders, Loans, Marina Development, Momentum, Mortgages, Palm Beach, Property Foreclosure, Residential Projects, South Florida, South Hampton Roads, Time Home Buyers, Virginia Data