James Foxx's (jamesfoxx) Blog

It is not only lists of government foreclosure homes and bank owned foreclosed dwellings that are weighing down the real estate market of Seattle, Washington. Recently, news about a big number of commercial properties facing possible mortgage defaults had made the headlines. According to propert...

Residential foreclosure homes for sale remain a problem in Michigan but it is not the only factor that is pulling the state's economy down, analysts have stated. The region's high unemployment rate is also playing a major role in creating a sluggish economic outlook for the area, analysts have r...

Utah Representative Trisha Beck is planning to propose a law that will allow borrowers to have a face to face discussion with their mortgage lenders before a foreclosure process is started. The measure aims to lower the high supplies of cheap foreclosures in the state and prevent prices of homes...

People making it big from flipping repossessed properties for sale is not unheard of. It should not be surprising since repo homes can be purchased for a very affordable price and resold at market value. That is instant profit even if you consider the cost of repairs. You can even chance upon ho...

Commercial real estate foreclosures come to the market in pretty much the same way that residential foreclosures do. They are the result of mortgage default and have been repossessed by their mortgage provider. Economic Factors Impacting Commercial Properties The storm that hit the real estate i...

Repossessed property lists all around the U.S. posted their highest totals in September 2010. For the first time in years, the number of bank repossessions went beyond 100,000. Lenders took back a total of 102,134 houses during the month, adding further to the July-September 2010 total which is ...

The moratorium implemented by a number of lenders on the sale of distressed properties is not exactly welcome news to home sellers and buyers in Wichita, Kansas. According to local realtors, the freeze is not being seen as a form of foreclosures help, even by homeowners threatened by foreclosure...

It will be business as usual for buyers and sellers of properties under residential foreclosures listings in Tennessee despite the ongoing nationwide investigation into the foreclosure practices of lenders and banks, experts have stated. According to housing market analysts, the effect will be m...

The number of bank foreclosure homes for sale and foreclosure activities in general declined in Alabama for the 2010 third quarter. For the July-September period, the state recorded a total of 4,972 foreclosures which translate to a ratio of one household out of every 434 being under some phase ...

The housing market of Southwest Florida is taking a beating from the foreclosure moratorium, according to a number of analysts, with realtors unable to continue selling Fort Myers bank foreclosures. Lee County, in particular, is feeling the impact of the nationwide mortgage industry investigatio...