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Tag Archives: bank owned homes

Foreclosure Rates Down, Analysts Surprised

USA Foreclosures 101
white picket fence of a house

CNBC’s The Street reported here that foreclosure rates in the United States dropped 30% for the first quarter of 2012 as compared to the same time last year; this despite the fact that there was an overall 8.1% increase this past March. While this is good news for the average homeowner, it has the analysts completely flummoxed. According to the CNBC report “analysts had expected this number to skyrocket immediately following the $25 billion settlement between … Continue reading →

Posted in Foreclosure News, Foreclosure Report, USA Foreclosure | Tagged bank owned homes, distressed homeowners, distressed properties, foreclosure rates, fraud problems | 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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