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Foreclosures

This category contains 111 posts

Foreclosure Auctions are White Hot as They Sweep the Nation

Industry Giant REDC Auctioning Foreclosures at a Record Pace
Irvine, Calif. (Vocus) March 4, 2010 — Home foreclosure auction sales are white hot this year. Real Estate Disposition, LLC, (REDC), the nation’s leading real estate auction company, is auctioning foreclosures at a record pace this year and is showing no signs of slowing down this year. [...]

Recent Release of Leading Palm Desert CA Foreclosure Website Provides Pertinent Market Updates

According to Rudisill, the markets of Rancho Mirage and Palm Desert homes for sale currently present an incredible array of single-family homes, condos and estates throughout various golf communities and private settings. First time buyers have a particular advantage of the first time homebuyers tax credit of $8,000, a program that has now been [...]

US property foreclosure figures easing

(PROPERTY WIRE) -  The US real estate foreclosure crisis is easing with the latest figures showing a drop of 10% in January but concerns remain for months ahead.
After hitting a record high in 2009, the rate at which properties are being repossessed is slowing, the latest data from RealtyTrac shows. But [...]

REAL ESTATE: Foreclosures down in January, but surge on way?

(NORTH COUNTY TIMES) - The number of U.S. households facing foreclosure in January increased 15 percent from the same month last year, and a surge in cash-strapped homeowners who’ve fallen behind on mortgages could be on the way.
More than 315,000 households received a foreclosure-related notice in January, RealtyTrac Inc. reported Thursday. That number is down [...]

The Coming Foreclosure and Commercial Real Estate Storms

(CBS NEWS) - When you read that foreclosure filings fell 10% in January from December, don’t get too excited. According to Realty Trac, foreclosures are 15% higher than they were a year ago and there’s likely to be an increase in foreclosure activity in the next few months, as the government’s crappy [...]

‘Smart Water’ Showcased at Maricopa County Home Show Jan. 15-17

Arizona cabinet company has ‘glowing’ water, water that is color coded for temperature control.
Phoenix, AZ (Vocus) January 19, 2010 — Gary Elmes and Phil Hurst, co-owners of ElmHurst Cabinets successfully completed their third home show this weekend at the Arizona State Fairgrounds. ‘Glowing water’ and ‘green cabinetry’ were among the highlighted kitchen/bath products.

As in years [...]

Foreclosures, credit for first-time buyers drove down the average price in metro area

(JS ONLINE) - If you live in Addison, Belgium, Big Bend, Butler, Delafield, Hartland, Newburg, North Prairie, River Hills or Vernon, something rare happened in your community last year - the average price of homes sold there rose.
Data from Metro MLS Inc., which monitors sales by Realtors, shows that in most of the 71 municipalities [...]

Rowell Auctions, Inc. Announces 77 Foreclosed Properties Available Across 4 States via Online Only Auction

Rowell Auctions, Inc. a trusted and well established auction firm based in Georgia, is continuing to forge ahead with online real estate auctions by offering 77 foreclosed properties spread across 4 states with all bidding done exclusively online. The 77 real estate properties are located in Arkansas, Louisiana, Missouri, and Mississippi.
(Vocus) January 13, 2010 — [...]

Commercial real estate foreclosures more than double in Austin area

(STATESMAN.com) - Commercial real estate foreclosures more than doubled in the Austin metropolitan area in 2009, outpacing the rates of several other major Texas cities.
A study of foreclosure postings by Foreclosure Listing Service Inc. indicated a 108 percent increase from 2008 in commercial real estate foreclosures in the Austin area.
The service reported that 851 postings [...]

New Short-Sale Programs Offer SC Foreclosure Alternative

As the foreclosure crisis continues to deepen across the United States and in South Carolina, there are several new options available to distressed homeowners.
(PRWEB) January 1, 2010 — The Home Affordable Modification Program (HAMP) has been in effect during 2009, but very few homeowners have been able to qualify for this program to restructure [...]