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Chicago Foreclosures for Sale Pull Down House Prices

Chicago foreclosures for sale pulled down house prices during the July-September quarter and contributed to the 2.4-percent increase in home sales. The sales price median in the metro area dropped from $244,900 to $205,000... more »
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Find Cheap Foreclosure Homes in Ocala Where Prices Fell 25%

Cheap foreclosure homes can be found in Ocala, Florida where house prices dropped by 25 percent to $92,100. Foreclosure filings rose by 31 percent in the July-September quarter on a year-over-year basis... more »
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Lower Priced Foreclosure Properties in Gainesville, Florida

You can find lower priced foreclosure properties in Gainesville, Florida where foreclosure postings increased in the July-September quarter and where sales price median dropped in October to $156,700... more »
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Bank Foreclosure List Numbers in Texas Muddled by Repostings

Bank foreclosure list numbers in Texas are muddled by repeat postings by mortgage lenders. According to foreclosure analysts, repeat postings occur because loan modifications and short sales take a long time to get completed... more »
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Discounted Brooklyn Foreclosed Homes in Brownstone Buildings

Low-priced Brooklyn foreclosed homes in brownstone neighborhoods are being sold off. Foreclosures of three-unit to four-unit buildings have been rising in Brooklyn because of job losses and lack of tenants... more »
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Hialeah Foreclosures for Sale Driven by Negative Equity

Hialeah foreclosures for sale are still high in number because of the continued drop in home values in the area. In the Hialeah Gardens neighborhood, home values dropped by more than 32 percent in the July-September quarter... more »
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Foreclosure Houses for Sale May Rise during Holidays

Foreclosure houses for sale may rise during the holidays in Brockton, Massachusetts due to continued job losses in the city. Foreclosure filings in the area reached its highest level in October... more »
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Buy Bank Homes in the West Where Prices Fell 38% from Peak

Buy bank homes in the West where home prices fell by 38 percent from their peak levels in 2005. The biggest home price decline occurred in Las Vegas, where home prices plunged by almost 31 percent... more »
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Bronx Foreclosed Homes Driven by Liens, Over-Leveraging

Bronx foreclosed homes have been driven largely by unemployment and by the failures of private equity investors who bought residential buildings at overinflated prices during the housing boom. Now, many residents are at risk of foreclosures because of water liens... more »
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Atlanta Foreclosed Homes Contained by Wells Fargo

Atlanta foreclosed homes arising from the mortgage lending operations of Wells Fargo and acquired bank Wachovia have been contained because of prudent lending policies and loan modification efforts by the bank... more »
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Houses Bank Foreclosures by Failed Banks in Ca, Fl

Record numbers of houses bank foreclosures have largely caused the collapse of banks in the U.S. this year. Four more banks failed in Florida and California this month, putting the total of failed banks to 124 so far this year... more »
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Pittsburgh Foreclosures for Sale Curtailed Price Increases

Pittsburgh foreclosures for sale held off home price increases in the July-September quarter, based on data from the National Association of Realtors. The median sales price increased in the third quarter by only $400 to $124,600 from the April-June quarter... more »
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Lists of Foreclosures to Grow as Defaults Hit Record Levels

Lists of foreclosures will grow again in most states as mortgage defaults nationwide increased in the July-September quarter, based on a report from TransUnion. The report showed that 6.25 percent of all residential mortgages in the U.S. became delinquent during the quarter... more »
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Philadelphia Foreclosed Homes Curbed by Mediation Programs

Philadelphia foreclosed homes have not been rising as fast as in other cities partly because of the city's foreclosure prevention programs. One of these is its conciliation conference scheme in which lenders are mandated to meet face to face with distressed homeowners and volunteer lawyers... more »
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Phoenix Foreclosures for Sale up in the Commercial Sector

Phoenix foreclosures for sale have been growing in the commercial and industrial sectors. High unemployment rates, lack of credit and lack of business tenants are among the factors for commercial and industrial foreclosures... more »
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