James Foxx's (jamesfoxx) Blog

The issue of Houston distressed properties has somewhat lightened up, according to real estate market analysts, if April home sales and residential construction permits are to be used as parameters. The statistics for April is being seen by most industry observers as signs that the city housing m...

As Milford is a fast-growing town in Worcester County, investing in Milford bank owned homes can be a profitable endeavor for people willing to learn the business of finding, buying, fixing and reselling foreclosures. Milford is a vibrant town that already has the makings of a strong small city w...

Investors and owner occupant buyers are taking advantage of the surge in Seattle foreclosures. Seattle, the home of Microsoft and Boeing, was largely insulated when the housing crisis hit in 2008 and 2009 because of its vaunted economic strength. But as the economic crisis deepened, unemployment ...

Homes auctions in Portland can be contained, as shown in the improvement of the Portland Metro Business Index compiled by the University of Oregon for the first quarter of this year. The PMBI rose to 88.9 in the first quarter, up by 1.2 percent from the previous quarter and by 2.9 percent from th...

The surge in Elgin bank owned homes in April was attributed largely to two major factors: unemployment and negative equity. Local analysts said that when the two factors are present in a mortgaged home, the home is most likely to default and get taken back by the bank. They have observed that the...

The recently enacted law on mobile homes in Maryland is a positive development for investors in mobile foreclosures. With mobile homeowners getting the assurance they will be protected in case their park gets converted for other use, there will be more people considering buying mobile homes and m...

Foreclosed residences, including those in federal home listings, have risen in number in Missouri during the first three months of 2010. According to quarterly housing statistics, the state recorded a 25% jump in foreclosures, although the figure is deemed to be inexact since latest numbers are y...

Aside from the availability of affordable Brooklyn foreclosures, there are other great reasons for out-of-state buyers to invest in Brooklyn real estate. Brooklyn has the biggest population among the five boroughs of New York, and Kings County – which has the same boundaries as Brooklyn – has the...

Detroit continues to stand strong despite the waves of residential and commercial real estate foreclosures that hit the city. While a number of commercial investors delayed or cancelled their planned business endeavors, several have shown their confidence in the eventual recovery and rise of Detr...

Florida has taken steps to ensure that homes put under foreclosure or distressed property auction meet all the criteria for a foreclosure. The Supreme Court has clarified certain rules governing foreclosures to make sure lenders and banks take over houses only in a proper and legal manner. Forecl...