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Category Archives: Foreclosure News

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Foreclosure Sales Slow, But Not For Long

USA Foreclosures 101
foreclosure sales

Foreclosure listing company RealtyTrac Inc. has released new data showing that the number of foreclosure properties sold in 2011 was the lowest since 2008. They reported a little more than 907,000 such sales including homes that were already foreclosed upon and others in-process. That number represents more than 23% of all sales for the year. By way of comparison, US foreclosure sales reached their highest point in 2009 at a rate of about 37% of … Continue reading →

Posted in Foreclosure News, Foreclosure Report, USA Foreclosure | Tagged foreclosure listing, foreclosure properties, foreclosure sales, foreclosures, new jersey | Leave a reply

Foreclosure Deals On The Decline In Las Vegas

USA Foreclosures 101

Las Vegas is one city where it’s no longer possible to nab a great deal on a foreclosed home anymore as the number of these homes has shrunk considerably. Tim Kelly of Max Extreme in Las Vegas was one of the first people to comment on the situation, and he said that homes which previously only cost around $80,000-$125,000 are now being fought over with multiple offers. This situation points to the fact that the … Continue reading →

Posted in Foreclosure News, Foreclosure Report, USA Foreclosure | Tagged bank owned homes, economic situation, foreclosed home, foreclosed homes, foreclosure deals, global economic recession, las vegas | Leave a reply

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US Foreclosures Recent Updates

  • Wells Fargo Announces New Housing Assistance Program
  • Short Sales Gain In January And February 2012
  • Short Sales Being Streamlined by Bank of America
  • Settlement Money Moving Slowly
  • New Yorkers Warned Of Foreclosure Settlement Scam

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