ForeclosureListings.com statistics suggest some improvement in the housing market, but the good news for homeowners might be just at temporary setback for real estate investors searching for a good deal. Decreases in the number of foreclosure filings in each state and increases in prices in many of those same states seem to suggest good news, although the news is still mixed in some parts of the country.
In five of the top markets, filings...read more
ForeclosureListings.com provides statistics regarding the most recent foreclosure and real estate prices throughout the United States. Just as the signals about the state of the economy seem to be mixed, the fluctuations in the real estate market do not seem to follow a set pattern either.
The foreclosure rates increased in four major markets: California (less than 1 percent increase), Florida (4.3 percent increase), Texas (6.3 percent...read more
Despite recent negative information about the job market in the United States, the housing market is beginning to show some signs of improvement shows the latest ForeclosureListings.com report. Investors wanting to take advantage of the slumping prices and frequent foreclosures, particularly in some of the top markets, may need to act more quickly.
According to ForeclosureListings.com nationwide data, foreclosures in many of the top states for investors dropped. For example, the rates...read more
According to research by ForeclosureListings.com, during the last two years, the housing market has been suffering due to increasing numbers of foreclosure properties glutting the market. While this has been bad for homeowners who are losing their properties at unprecedented rates, investors have benefited from this trend. Housing values have gone down dramatically making many affordable for investors who can convert them into profitable rental properties and other investments. Recent statistics,...read more
According to ForeclosureListings.com research, of the 895 campaign promises that Barack Obama pledged, only 3 of the dozen concerning the housing crisis have been met during his first 100 days in office. During his presidential campaign, Obama promised to cut taxes for all but the wealthiest citizens while also placing the country on the path of fiscal responsibility resulting in a "net spending cut." Difficult choices would be required but so far, the new administration has presented the country...read more
ForeclosureListings.com has been carefully following the effects of the economic package and reports that foreclosure numbers continue to surge. The most recent news was the president's introduction of the Homeowner Affordability and Stability Plan.
Under the Homeowner Affordability and Stability Plan, eligible borrowers who stay current on their mortgages, but have been unable to refinance to lower their interest rates because their homes have decreased in value, may now have the opportunity...read more
Foreclosure filings on more than 2.3 million properties reported in 2008
ForeclosureListings.com, one of the largest foreclosure listings providers, reports a total of 3,108,364 foreclosure filings in 2008 - auction sale notices, bank repossessions, and default notices - 1,275,791 U.S. Properties over the course of the year; an 82-percent increase in all properties from 2007, and a 240-percent increase in the total number of properties from 2006.
The alarming report...read more
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