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Services for Real Estate Pros - ForeclosureDeals

ARCHIVED BLOG POSTS

2010 

Bank owned homes for sale pulled down prices in Eastern Connecticut in 2009, particularly in New London and Norwich, according to data from the Eastern Connecticut Association of Realtors. The volume of home sales increased, but median prices decreased. In Norwich, the sales price median for sing...
01/18/2010
Despite San Diego foreclosures in 2008 and 2009, the median home price in the area rose by 48.4 percent over a ten-year period from the year 2000, according to San Diego-based real estate analyst Andrew LePage. Homeowners who purchased their homes in 2000 can see that their properties gained in v...
01/15/2010
Phoenix foreclosures reached record high in 2009 as unemployment forced about 41,000 homeowners in Maricopa County to default and lose their homes, according to the Arizona State University W.P. Carey School of Business. Total home foreclosures in 2009 surpassed foreclosures in 2008, which reache...
01/15/2010
San Jose foreclosures pushed bankruptcies to a 20-year high record of almost 11,500 business and personal bankruptcy filings in 2009, according to data from the U.S. Northern District Bankruptcy Court based in San Jose. Total bankruptcy filings in 2009 marked a 50-percent increase from filings in...
01/14/2010
Pittsburgh foreclosures climbed up in November 2009 in the region, but they did not push down home prices because their number is relatively low compared to foreclosures in other regions or cities. Pittsburgh was even one of only five cities considered by Moody’s Economy.com as the best cities to...
01/14/2010
San Francisco foreclosures and bankruptcies continue to rise as more homeowners lose their jobs and as financial difficulties spread into middle class enclaves, which were previously strong enough to weather the initial months of the economic meltdown. Based on data from the San Francisco section...
01/13/2010
Queens foreclosures for sale have been rising sharply in middle class enclaves as more employees in these areas lose jobs. Foreclosures in New York City have spread out into all strata of society, from working-class households in the boroughs to upper class families in high-end towers in Manhatta...
01/13/2010
Stockton foreclosures became a symbol of what went wrong with the U.S. housing sector particularly for the first months of the housing meltdown, but over the past several months, foreclosed homes in the area have become opportunities for investors and for Bay Area workers looking for homes they c...
01/12/2010
Buying a foreclosure house for sale in Florida has been made easier with the launching of another public online auction site in the state. Miami-Dade has become the 12th county in Florida to launch its online foreclosure auction site. With a record backlog of about 115,000 foreclosure filings, th...
01/12/2010
Tampa foreclosures in shadow inventory may further depress prices in the area in 2010 if they are actually released to the residential market which is already struggling from price decrease rates that have already exceeded 40 percent. Tampa real estate professional Tony Polito stated in a meeting...
01/11/2010
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