James Foxx's (jamesfoxx) Blog

Short sales could be slowing down San Jose foreclosure auctions, in addition to other factors like strategic foreclosure control by lenders, based on statements from local housing analysts and realtors. In May, default filings and auction home foreclosures slowed in San Jose and in other areas of...

There are still plenty of Fort Lauderdale bank owned homes for sale despite the slowdown in foreclosure filings in May. For the period from January 1 to June 16, total filings reached 17,655 in Broward County, where Fort Lauderdale is located. This figure was lower than the total during the same ...

Investors and buyers are encouraged to explore distressed multi family home listings in Fort Myers before the inventory declines sharply. The pace of foreclosures has been slowing down in many parts of Florida, including Lee County where Fort Myers is located. The decline in Lee County house pric...

Choosing between foreclosures and modular homes for sale in California would depend on available inventory, prices, lifestyle and personal preferences. It would also depend on whether the buyer already has a home lot on which the modular home will be assembled and installed. Most foreclosure home...

The still high number of Illinois foreclosures is a reflection of current economic and social challenges faced by the state, but it also presents investment opportunities. The pace of foreclosure slowed and the unemployment rate dropped, but the resulting numbers are still high. In May, the numbe...

Home prices improved substantially as the percentage of San Francisco distressed properties for sale dropped in number in May. For the first time in nearly 24 months, the median price in the Bay Area surpassed $400,000, as sales of higher-priced houses increased and sales of foreclosed homes and ...

The number of government-owned repo homes for sale continue to surge substantially throughout the country. As more government-backed home loans fall into default, more residential units are becoming repo homes in the U.S. Based on studies by a real estate analysis firm, the number of government-o...

The number of El Paso bank owned homes for sale remains a significant factor in the performance of the city’s housing market. But the less-than-perfect condition of the residential real estate market of the city did not prevent El Paso from being included in the list of top metro U.S. areas that ...

A rising number of brokers real estate are focusing on niche markets in order to stand out in an increasingly competitive residential and commercial property market. Not only individual brokers are going into niche real estate markets, but also real estate companies. In Chicago, one real estate b...

Tougher rules on homeowners failing to pay their taxes are expected to increase the number of government tax foreclosures in the U.S. Another piece of news, that of Fannie Mae’s decision to punish defaulting borrowers who they believe have the capacity to pay, is also expected to add to the growi...