Pre foreclosure – North Texas Home Sellers Cutting Foreclosure Listing Prices
Nearly 30 percent of home sellers in North Texas have been slashing their foreclosure listing prices and other pre-owned listing prices in efforts to cut down their sales inventories, according to analysts who studied real estate sales in the region these past months. In the Dallas area, sellers have been cutting …
Source: www.foreclosurelistingsnationwide.com
Nationwide Unemployment Rate Driving Foreclosed New Homes
The worsening level of joblessness across the country is driving the rise in number of foreclosed new homes. In June, the nationwide unemployment was 9.5 percent, and with the current economic difficulties, analysts are expecting the jobless rate to surpass the 10-percent level in 2010. In a nationwide study of foreclosure …
Source: www.foreclosurelistingsnationwide.com
Foreclosure List Inventories in St. George, Utah Growing
More than 3 percent of all mortgages in the St. George region of Utah were added to foreclosure list inventories in May, based on foreclosure records in Washington County. Washington County’s foreclosure rate continues to be higher than the nationwide foreclosure rate of one out of every 398 housing units. Utah s …
Source: www.foreclosurelistingsnationwide.com
Tags: Cutting, Dallas Area, Economic Difficulties, Foreclosure List, Foreclosure Listing, Home Sellers, Housing Units, Inventories, Jobless Rate, Joblessness, Mortgages, Nationwide, New Homes, Pre Foreclosure, Real Estate Sales, St George Utah, Texas Foreclosure, Unemployment Rate, Washington County