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Sales of Regular Homes and Tax Lien Foreclosure Properties Fell

Sales of Regular Homes and Tax Lien Foreclosure Properties Fell

Sales of non-foreclosed houses, bank owned residences and tax lien foreclosure properties declined in Indianapolis, Indiana in March 2011 compared with one year ago. The year-over-year decline was more than 10%, but realtors asserted that the decline was mainly due to the tax credit program of the federal government that pushed a lot of buyers Read more

Foreclosure of Commercial Properties Slowing in Some Texas Areas

Foreclosure of commercial properties in various areas of Texas slowed down during the January-May period compared with the same 2010 five-month period. However, realtors reported that land foreclosures have increased in most markets. Denton posted the biggest drop in foreclosed commercial property numbers during the first five months of the Read more

Number of Fixer Upper Homes and Foreclosed Houses Declined in Florida

The number of foreclosed properties, including bank foreclosures and fixer upper homes, declined in Florida in April 2011. Housing market data for the state showed that foreclosure-related activities went down by more than 10% month-over-month in April, with all major cities posting a decrease expect for Jacksonville which recorded an increase of Read more

More Bank Owned Foreclosures in Oregon

The rise in the number of bank owned foreclosures in various areas of Oregon resulted in a big number of state residents losing their homes. However, the problem also affected those who were able to keep their properties, with the impact mostly manifesting itself in their inability to pay for the usual expenses, including homeowners’ [...] Read more

Home and Condo Foreclosures Remain a Problem for New York

New York’s home and condo foreclosures did not rise to the same level as seen in most U.S. regions, but the state also experienced the impact of the housing market crisis. Latest economic reports showed that housing is one of the sectors in the state that are improving slowly. The whole economy of the area, [...] Read more