Home » Foreclosures Housing Short Sales You are currently browsing entries filed in: Foreclosures Housing Short Sales

Nevada continues to lead Top 10 Foreclosure crisis States

Once the most financially viable States of the US, what with Las Vegas exchanging millions of dollars every day in the entertainment sector, Nevada continues to be leading the Top Ten States worst-hit by the foreclosure fiasco. The latest foreclosure report pertaining to the first Quarter ended March 2010 shows that the worst is not [...]

60% of National Foreclosure Figure is accounted by six States

The foreclosure activity, as you can see from the statistics for February published, has not come down, if not going up though. Right from the onslaught of foreclosure tragedy in early 2006, the pattern is similar. The worst-hit States by foreclosure fiasco are the ones, where the real estate business of buying and selling properties [...]

Foreclosure-ridden metros are to adopt new strategies

Troubled home owners in the Metropolitan areas of US housing markets are hard-pressed to think of new strategies, for foreclosure avoidance as well as selling their homes. When the real estate market in various cities and towns was trotting on even keel, people were not even aware of the term “foreclosure”. But they woke up [...]

New Foreclosure Hotspots emerging in the housing market

You can find from the foreclosure report published by authentic real estate sites for February 2010 that apart from the old ones – Las Vegas; Phoenix; Los Angeles and Tampa Bay – there are new “Hotspots” emerging in foreclosure activity. They are – Boise – the most populous and capital city of the State Idaho; [...]

Top 10 States turning out foreclosure filings in large numbers

It is common knowledge that millions of home owners in the country are worst hit by the foreclosure fiasco. The glossary of real estate market is adding up new terms such as “For Sale By Owner”, “Foreclosure distress sale” and “Short Sale”. In spit e of initiative by the government to redress the grievance of [...]

Short Sale and Foreclosure – Is There Light on the Horizon?

The beginning of 2010 seems to hold some good news for long suffering homeowners across the US. Statistics released by Bank Foreclosure Sale indicate that the rate of new foreclosure listings has shown a notable decrease in January. Is it possible that short sales and foreclosure figures in the residential market may be stabilizing. The [...]

Short Sale and Foreclosure – Is Everyone on the Same Page

Short sale transactions are traumatic and unpleasant events but can be the straw that saves many drowning homeowners. What happens though, in short sale and foreclosure cases where the lender still goes after the homeowner after the sale has been concluded? This was the case for one Fredericksburg resident who, after the successful conclusion of [...]

Short Sale and Foreclosure – HUD Speaks Out

In an attempt to institute actions to mitigate the present nationwide tidal wave of residential foreclosures and measures to prevent the recurrence of the phenomenon the US Department of Housing and Urban Development (HUD) has released a report to congress outlining these recommendations. According to the HUD report one of the biggest contributors to the [...]

Time is ripe to embark on a Short Sale

Yes – there can be no better timing as of now, to get out of your impending foreclosure, by selecting the escape route of Short Sales. The foreclosure crisis is at its high in all parts of the nation, allowing certain fluctuations in the monthly statistics though. As of January 2010, totally 315,756 US properties [...]

Hardest-hit housing markets welcome Short Sales

If you browse the authentic real estate sites online, you will invariably find two striking realities. One – the foreclosure crisis has hit very hard some of the most-sought after locations of the U.S. country and two – as an alternative to escape foreclosure, the troubled home owners select Short Sales in these areas. As [...]