James Foxx's (jamesfoxx) Blog

The problem of high foreclosure rates and declining values of properties due to foreclosure short sales have hit most areas of Oregon. On top of these housing market problems, unemployment rates in most local areas of the state have also soared. That is why the grants from the U.S. Department of...

The number of foreclosure homes by state has increased in some areas, including Texas. The northern part of the state, particularly Dallas-Fort Worth, recorded higher foreclosure filings with almost 6,000 households facing possible foreclosure sales for the coming auction month of September. Aft...

The National Association of Home Builders has reported that builders' monthly confidence index has declined in August 2010. This marks the third month in a row that the home building construction industry shows a lack of belief in the housing market. The index dropped to 13, making it the lowest...

California foreclosures remain some of the highest in the whole U.S. This is despite the fact that majority of metropolitan areas in the state are recording declining foreclosure totals compared with 2009 records. Recent housing market industry numbers showed that nine out of the top ten metros ...

The number of homes under bank and government foreclosure list remains high in several metro areas in California during the month of July 2010. The good news is that, although several cities in the state occupy top ten rankings in nationwide lists of areas with the highest foreclosure rates, mos...

On top of the issue of numerous properties falling under Sheriff foreclosure auctions and other foreclosure-related problems, the state of Washington now has to face the immediate concern of public housing renovations. The main problem though, is that the money needed for the overhaul is not ava...

The number of residents in Illinois facing possible home and apartment foreclosures during the month of July 2010 has increased by 33% compared with the previous month's figures. According to home industry statistics from the state, one household out of 270 was in some form of foreclosure or ano...

Habitat for Humanity, a nonprofit organization better known for constructing new dwellings, has been rehabilitating foreclosed houses and pre foreclosures in Detroit, Michigan with the help of Neighborhood Stabilization Program (NSP) federal funds. The federal initiative launched in 2008 has bee...

A U.S. government effort is expected to impact the housing market of Tennessee and the rest of the country in a big way. The latest program aims to lower the inventory levels of all types of foreclosed properties, including FNMA foreclosures and bank foreclosures, by shortening the process of sh...

Some homeowners in North Carolina who are on the brink of foreclosure or have their homes under pre foreclosure lists have received some good news recently when they got mail telling them that they will soon be receiving some money. The financial windfall is courtesy of several mortgage firms th...