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Despite Denver Foreclosures, Home Values and Prices Rose
Denver foreclosures are still high compared to other metro areas, but home values, home prices and sales of homes from builders have been improving. Denver was third in a list of cities with the highest increase in home values for the period from January to November.
Detroit Foreclosures Contained by HAMP and Nonprofits
Detroit foreclosures are being contained by the Home Affordable Modification Program and by local nonprofits in the area. Detroit is among cities with the highest number of mortgages modified into affordable repayment schemes.
Foreclosed Houses for Sale Pushing Down Pickup Sales
Foreclosed houses for sale have been pushing down pickup sales over the past few years as many home builders, among the biggest users of pickups, refuse to purchase new pickups until foreclosures slow down and they can get back to building new homes.
Home Listings in Sarasota Most Attractive Based on Price
Home listings in the Sarasota area in Florida had the best home pricing leverage in the nation in October. House buyers in the area were able to negotiate a median discount of $18,849 or 7.6 percent off final listing prices in October.
Foreclosure Homes for Sale in Jamestown, North Carolina
Over 100 foreclosure homes for sale in Jamestown, North Carolina will be sold off in a public auction this month in Greensboro. The homes are located in the Bordeaux Retreat development by local homebuilder Portrait Homes.
Boston Foreclosed Homes Pulled Down Median Price
Boston foreclosed homes pulled down the price median for single-family houses and condo units in October. Although home sales rose by more than 17 percent, the median single-family sales price dropped by almost three percent.
Listings of Foreclosed Homes Grew in Glendale, California
Listings of foreclosed homes grew in Glendale, a city in Los Angeles County. Meanwhile, nearby areas such as Burbank, La Crescenta and La Canada experienced drops in foreclosure activity.
San Jose Foreclosed Homes for Sale Dominate the Market
San Jose foreclosed homes for sale is credited for the increase in home sales last month. First-time buyers grabbed cheap foreclosure properties in an effort to beat the tax credit deadline.
Buying Homes for Sale: Advice from Attorney General
Buying homes for sale requires research, planning and money management. If you are planning to buy a home, you can download an easy-to-read and useful PDF prepared by Idaho Attorney General Lawrence Wasden for prospective home buyers.
Economists: Federal Tax Credit Improves Housing Market
Market data showed that the $8,000 federal tax credit for first-time buyers boosts home sales for the past months. Home sales are projected to increase at an annual rate of 5.57 million.
Bank Foreclosure Properties Expected to Grow Due to Bad Loans
The number of bank foreclosure properties in Pennsylvania is expected to rise as banks are continued to be burdened with bad loans for home construction. Problem loans rose by 3 percent in September.
Building a Home: Choose from 6 Types of Home Construction
Before building a home, study six types of home construction, as described by the NAHB, and then choose which type fits your lifestyle, budget and home lot. The six types are custom, concrete, log, panelized, modular and systems-built construction.
Bank Foreclosure List to Keep Growing, Study Says
Results from a study of the federal government’s loan modification program showed that it is not enough to prevent the growing bank foreclosure list. It warns that foreclosure rates will continue to grow to even bigger numbers in the next two years.
Foreclosed House Auction in Santa Cruz Sold Over 700 Homes
Foreclosed house auction sales in Santa Cruz County, California slowed in the July to September quarter, but total sales are still relatively high. Over 500 residential units in the county received default notices during the quarter.
Profiting From Handyman Specials Homes
Some people have found a way to turn the foreclosure crisis into huge profits. They purchased handyman specials homes, rehabilitate and sell or rent them for a profit.
A Foreclosure List Lets You Make the Most of Your Time When You’re Hunting for Low-Cost Properties
A list service is a useful tool that can help investors and homebuyers alike spend their time finding properties, not looking for them. A foreclosure property list lets buyers hone in on properties that are actually available.
A Foreclosed Home Can Have a Positive Impact on Your Finances for Years to Come
A foreclosed property can help you boost your credit score, can give you a valuable asset, can provide a safety net against future financial problems, and can reduce your living costs.
Building a Home the Green Way
If you have been planning on building a home, you should probably consider growing green. Not only will you be saving the environment but you will also enjoy savings due to the energy-efficient features.
Home Foreclosures in Palm Beach Snapped up by Cash Buyers
Home foreclosures in Palm Beach County, Florida are being snapped up by cash buyers, outbidding lower-income families trying to buy homes under the NSP initiative. Palm Beach County received $27.7 million in NSP funding for its programs.
Houses for Rent in Boston – Second Highest in Rates in U.S.
Houses for rent are great investments for smart investors who can navigate the ins and outs of investing in a city like Boston. Rental rates in Greater Boston have soared by a total of 11 percent since 2005.
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