James Foxx's (jamesfoxx) Blog

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Services for Real Estate Pros - ForeclosureDeals

ARCHIVED BLOG POSTS

2010 

Record Michigan foreclosures in 2009 reflected the dire unemployment situation in the state. In December, Michigan again posted the highest state unemployment rate – 14.6 percent – far above the jobless rate of the second-ranking state, which is Nevada with 13 percent, and the nationwide rate of ...
02/03/2010
Cape Coral foreclosures dropped in January, a time more buyers are arriving in the area to look for homes. The first four months of the year are considered the home buying season in Florida because of the influx of out-of-state visitors during these months. According to realtors, the lifestyle in...
02/03/2010
Foreclosed home auctions will go online in the Lakeland metro area this year to help the courts manage their backlog of filings, according to Richard Weiss, clerk of courts for Polk County, where Lakeland is located. Polk County will be following the example of nine other Florida counties which h...
02/03/2010
Foreclosed home listings continue to grow in the condo and townhome sector of the housing market in Brevard County, Florida. Last year, 419 condo units and townhomes were repossessed by banks, based on records from the Brevard County Property Appraiser Records. A foreclosure research firm said th...
02/03/2010
Commercial real estate brokers have been downsizing their costly marketing strategies to cope with lower commissions from sales, according to interviews with commercial and residential real estate agents and brokers. In Oregon and Washington, Certified Commercial Investment Members have been cutt...
02/03/2010
The pace of Texas foreclosures slowed in 2009, but may rise this year because of unemployment, according to the first issue of the Texas Quarterly Housing Report published by the Texas A&M University Real Estate Center. The foreclosure rate ranking of Texas dropped from 24th in 2008 to 29th in 20...
02/02/2010
Las Vegas foreclosures still dominated home resales in December last year despite a drop in the percentage of foreclosure sales in the area, based on sales data from a San Diego-based real estate information provider. Bank houses for sale and other types of distressed properties accounted for 63....
02/02/2010
The pace of Roanoke foreclosures shot up by a staggering 353 percent in 2009 over a one-year period, surpassing the rates of increase in metro areas that have been dominating foreclosure charts since the start of the downturn, such as Las Vegas and other cities in the Sand States. Compared to the...
02/01/2010
The still record pace of California foreclosures in 2009 was largely driven by increased foreclosure activities in nine metro areas in the state. California had 632,573 or 4.8 percent of its residential properties in default or in foreclosure in 2009, a jump of 21 percent from 2008 and a still st...
02/01/2010
Houma foreclosures shot up by 379 percent in 2009 largely because of mortgage payment deferrals that were encouraged by the mortgage banks themselves. Many Houma homeowners in foreclosure now are complaining that their mortgage banks encouraged and allowed them to defer their home loan payments a...
01/31/2010