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Florida Foreclosure (Short sale) Listings Still Growing, Prices Falling

Florida foreclosure listings are still growing and home prices are still falling as the unemployment rate in the state continues to rise, based on data from three real estate research firms. In the third quarter, Florida was one of six states which comprised 62 percent of all foreclosure actions posted nationwide. … short sale

The Rhode Island Foundation has directed $30,000 worth of funds to the Community House Land Trust of R.I. to support the conversion of properties on foreclosure list into affordable houses. The fund is part of the almost $4.5 million grant that the foundation will distribute this year to support various … short sale

Michigan foreclosure listings have been growing faster in the suburbs than in the centers of metro areas, based on an analysis of nearly four years of metropolitan area foreclosures. The suburban cities of Hazel Park, Pontiac and Eastpointe all had higher foreclosure rates than Detroit. Most suburban residents work in Detroit … short sale

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