James Foxx's (jamesfoxx) Blog

The federally-funded rehabilitation program for Fort Myers foreclosures is right on track, according to officials of the Housing Authority of Fort Myers. Marcus Goodson, head of the housing authority, said that the amount of $500,000 has already been used to buy a 16-unit multifamily complex for ...

The number of Charlotte bank owned homes has been soaring because of the worsening employment situation in the area. In January this year, the unemployment rate in Charlotte reached 12.8 percent, the highest rate reached in decades, according to the North Carolina Employment Security Commission. ...

Realtors and other business leaders gathered to listen to Washington, D.C.-based economist Lawrence Yun talk about matters affecting Corpus Christi foreclosures and foreclosures for sale in Texas. The symposium was held at the Congressman Solomon P. Ortiz International Center on March 25, 2010 wi...

The continued entry of hotels into listings of Los Angeles foreclosures is another indication that the claws of foreclosure continue to reach out into all areas of the real estate sector. Falling occupancy rates and dropping room rates have cut down hotel revenues sharply, leaving hotel owners an...

The slowdown in the pace of Memphis foreclosures could be an indication that a recovery is nearing, based on sales and foreclosure data from the Memphis Area Association of Realtors and research firms. In February, the pace of foreclosure activity in the Memphis metropolitan area, which includes ...

Santa Ana-based housing data company First American Core Logic released a report sounding the alarm bells on the state of Bakersfield foreclosures at the start of 2010. The numbers are staggering, 16.38 percent in 3-month delinquency, 1.9 percent in real estate owned homes and 5.25 percent rate o...

The number of Dallas foreclosures posted for the April foreclosed home auctions this year broke the record number of foreclosures posted for the July 2009 auctions, based on data from a Texas-based real estate research company. For the April auctions this year, a total of 6,168 foreclosure filing...

The overvaluation of homes during the real estate boom has been one of the chief reasons for the staggering numbers of Miami foreclosures, according to a report on real estate values by IHS Global Insight. IHS analysts said that home prices in overvalued markets, such as Miami, fell by an average...

The slowdown in the pace of entry of Albuquerque foreclosed homes for sale into the market has been pushing home prices up, based on sales figures from the Southwest Multiple Listing Service and the Greater Albuquerque Association of Realtors. In February, the sales price median for single-family...

As a serious foreclosure investor, it is only right that you find out as much as you can about these distressed properties that you are investing in. You might be well-informed about pre foreclosures and bank foreclosures but not as much with government foreclosures. To remedy this, you should re...