James Foxx's (jamesfoxx) Blog

Price improvements in the first months of the year are strong indications that the availability of cheap foreclosure listings in San Diego are numbered, so investors and prospective buyers need to grab the opportunity to buy now. In May, the median price rose again to $340,000, marking more than ...

The slowdown in Ohio foreclosures has been improving prices in Ohio. In May, the average sales price for pre-owned homes or new homes in the state rose by 4 percent over the year to $137,310, based on sales data from the Ohio Association of Realtors. House prices also increased in Northeast Ohio,...

Fort Lauderdale foreclosure auctions are getting speedier as Broward County, where Fort Lauderdale is located, has been conducting its public auctions online since March. The auction website offered over 500 homes on its launching and over 175 more units were readied for the next auction date. Be...

As Anchorage is the largest city in Alaska and accounts for half of the state’s population, it is no wonder that the number of Anchorage bank owned homes for sale is the highest among cities in the state. Compared to other cities in the U.S., however, the number of REO houses for sale in Anchorag...

Exploring affordable repossessed home listings in Phoenix now while they are still available in high numbers is a wise move as the percentage of foreclosure sales in the city is declining. In May, foreclosure sales accounted for 33 percent of all home resales during the month, marking a substanti...

There are still plenty of affordable REO foreclosures for sale in Bakersfield despite the decline in foreclosure activity in the area in May. Several thousand foreclosed homes for sale in Bakersfield, CA are available despite the drop in foreclosure filings to only 440 in Bakersfield and in other...

A lot of homeowners facing Texas foreclosures have been receiving advice from mortgage service providers and lenders to opt for the process called deeds in lieu. A big number of lenders are also reportedly targeting certain borrowers by offering them cash incentives to convince them to forego the...

The surge in Slidell distressed properties for sale is being curbed by the Northshore Homeownership Preservation Coalition and other nonprofits. Also, officials of St. Tammany Parish, where Slidell is situated, have continued to carry out their program of demolishing properties destroyed by Hurri...

The local foreclosure problem continues to weigh down the housing market as the Pompano Beach bank owned homes for sale volume remains high. However, the local condition can be said to be in a better position when compared with the rest of Florida. Foreclosure rates and bank owned properties in F...

There are more opportunities to purchase fixer upper homes in Florida, as there were more than 42,000 homes repossessed by lenders in the first five months of 2010. A percentage of these Florida foreclosures became fixer uppers because some distressed homeowners removed parts of the house or took...