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Services for Real Estate Pros - ForeclosureDeals

ARCHIVED BLOG POSTS

2010 

The pace of Alabama foreclosures slowed in March as the employment in the state improved slightly. Foreclosure filings in Alabama rose slightly in March to 2,295 filings, a slim increase of 0.17 percent from total February filings and a slight increase of 1.55 percent from February 2009. In Febru...
04/20/2010
Data for April auctions showed a slight increase in Texas foreclosures. Collin County in Texas experienced minimal rise in foreclosures but also recorded one of the lowest percentage of increases in the area for April. Despite the strong performance of the county for April, Collin did garner a si...
04/20/2010
Residential real estate foreclosures in Denton County, to be auctioned in May 2010, decreased to 560 houses. The number is lower than the 595 foreclosure listings the year before. It is also 17% lower than the number of foreclosure homes for sale in Texas on February 2010. Real estate experts had...
04/19/2010
Job losses are still among the major drivers of the continued surge in Florida foreclosures. In March, the unemployment rate in Florida hit12.3 percent, the highest level reached by the state since 1970 when the state began monitoring jobless rates. In addition to jobs lost in previous months, an...
04/19/2010
The year-over-year slowdown in California foreclosures drove up home prices throughout the state in March and in the first quarter this year. The median price for single-family homes in California climbed up to $255,000 in March, a jump of 14.3 percent from the $223,000 median in March last year....
04/19/2010
Repo homes for sale surged by a record rate nationwide in the first quarter this year, based on figures released by a real estate research company this week. Mortgage lenders took back 257,944 residential units nationwide in the first quarter, a jump of 9 percent from total REOs in the final quar...
04/16/2010
There are a lot people who are attracted by the low prices being offered by thousands of foreclosures properties. The idea of saving a significant amount of money and turning them into huge profits is extremely tempting to many, especially to those who are looking for ways to generate larger inco...
04/16/2010
The cost of bank foreclosed homes owned by banking institutions in the Triangle region of North Carolina jumped by more than 300% during the whole year of 2009. Statistics for 2009 were released recently showing that the Triangle region figures are several times higher than those recorded by all ...
04/16/2010
Seminars are being conducted by various business and nonprofit associations to contain Indiana foreclosures. To prevent a huge flood of foreclosures previously expected because of the sharp rise in mortgage defaults in the metro area, organizations such as the Northwest Indiana Bankers Community ...
04/16/2010
The sharp drop in sales of Minneapolis distressed properties improved house prices in March, based on sales figures from realtor groups in the area. In the Twin Cities of Minnesota and Saint Paul and their surrounding areas, the sales price median for homes in March this year increased by more th...
04/15/2010
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