Foreclosure Listings

Default rates on prime loans have increased in the first quarter, escalating the number of houses added to foreclosed home for sale inventories. Homeowners who have good credit and who were previously making their monthly home loan payments religiously are now unable to make payments because of joblessness. In the first quarter, …
Source: www.foreclosurelistingsnationwide.com

Foreclosed Properties Cut Santa Clara Value Growth
The large number of low-priced foreclosed properties in Santa Clara, California has cut down the growth of property values in the county as of January 1, 2009, based on a report released by the county this week. Total assessed property values in Santa Clara grew by only 0.18 percent compared to …
Source: www.foreclosurelistingsnationwide.com

Falling foreclosed property prices in the Tristate have been cutting down home appraisal values and have been hindering some mortgage loan applications. While the low level of foreclosed property prices in the Tristate have been attracting large numbers of investors and first-time home buyers who have cash to spend, the lower …
Source: www.foreclosurelistingsnationwide.com

Prime Loans Driving Foreclosed Home for Sale Inventories
Default rates on prime loans have increased in the first quarter, escalating the number of houses added to foreclosed home for sale inventories. Homeowners who have good credit and who were previously making their monthly home loan payments religiously are now unable to make payments because of joblessness. In the first quarter, …
Source: www.foreclosurelistingsnationwide.com

Over 50 refinancing and mortgage modification companies are currently under investigation as part of Arizona Attorney General Terry Goddard office’s crackdown on fraudulent repo home listing rescue services that have been victimizing unsuspecting homeowners who are desperate to save their homes from foreclosures. Goddard said that his office is investigating the … foreclosure homes

Default rates on prime loans have increased in the first quarter, escalating the number of houses added to foreclosed home for sale inventories. Homeowners who have good credit and who were previously making their monthly home loan payments religiously are now unable to make payments because of joblessness. In the first quarter, … foreclosure homes

Foreclosed home listing prices in the Midwest maintained their affordable levels last month, based on a study of residential real estate prices in the Midwest in May. Median sales prices for existing homes in the Midwestern cities decreased to $145,800, a 10 percent drop from May 2008. But because of high … pre foreclosures

Default rates on prime loans have increased in the first quarter, escalating the number of houses added to foreclosed home for sale inventories. Homeowners who have good credit and who were previously making their monthly home loan payments religiously are now unable to make payments because of joblessness. In the first quarter, … pre foreclosures

Tax credit for home purchase could rise USA Today Lawmakers and businesses are calling for expansion of a tax credit for first-time home buyers that has helped spark home sales in an otherwise dismal real estate market. With the tax credit scheduled to…(read more) pre foreclosures

Default rates on prime loans have increased in the first quarter, escalating the number of houses added to foreclosed home for sale inventories. Homeowners who have good credit and who were previously making their monthly home loan payments religiously are now unable to make payments because of joblessness. In the first quarter, …
Source: www.foreclosurelistingsnationwide.com

Repossessed Houses Pushed Down Sales of New Homes in May
The attractive prices of repossessed houses have pushed down sales of new single-family houses in May, based on home sales data released this week by the U.S. Commerce Department. In May, sales of new single-family houses declined by 0.6 percent to an adjusted yearly pace of 342,000 from April, representing a …
Source: www.foreclosurelistingsnationwide.com

Fed Money to Buy and Gear up Repossessed Houses for Sale
States and cities are just starting to spend the millions they received from the federal Neighborhood Stabilization Program to buy repossessed houses for sale, rehabilitate them and then sell them to lower-income families. Nearly $6 billion in NSP funds were allocated by the federal government to states and cities to help …
Source: www.foreclosurelistingsnationwide.com