Residents of New Jersey have welcomed the news that the U.S. federal government has issued an additional $188 million to the state to help ease the impact of bank and government foreclosure auction problems. The funds will be provided through the Housing and Mortgage Finance Agency's New Jersey Homekeeper Program.
Continue Reading: Aid: To Alleviate Effects of Bank and Government Foreclosure Auction
Foreclosed properties, including those sold at Los Angeles home auctions, account for a higher percentage of home sales in California for the second quarter of 2010 compared with newly-built dwellings and regular residences. For the whole U.S. housing market, foreclosures account for 24% of total housing sales for the period April-June 2010.
Continue Reading: Foreclosed Properties at Los Angeles Home Auctions Have More Sales
The number of foreclosed properties being sold at Phoenix home auctions in Arizona remains at record levels, with the city making the top 100 list of metro areas in the U.S. with the worst foreclosure numbers. The city was ranked 98th out of all U.S. metros in terms of the most number of foreclosed properties for the second quarter of 2010.
Continue Reading: Phoenix Home Auctions Still in Bad Shape, But Production Has Improved
Latest housing data showed the market of California posting improved numbers for August 2010. The number of foreclosures in the state, including San Jose foreclosure home auctions for sale, has declined for the month. However, bank repossessions continue to rise not only in the state, but also in most U.S. metro areas.
Continue Reading: San Jose Foreclosure Home Auctions for Sale Declined in August
Charges were recently leveled against a real estate attorney from Framingham for his alleged role in causing scores of properties to get foreclosed and end up in Boston property auctions. The U.S. District Court has charged Michael R. Anderson with multiple counts of bank fraud, money laundering and wire fraud.
Continue Reading: Lawyer Charged for Role in Foreclosures Boston Property Auctions
Home auctions may seem daunting at first, but in many ways they actually make buying a property more straightforward. If you're considering buying property at a home auction, it's important to know that you will have to some work beforehand.
Continue Reading: How Do Home Auctions Work?
There are a handful of vacant foreclosed properties in Tucson, Arizona and most residents are worried that these empty premises will lead to higher crime rates and will impact local businesses. Along with the numerous Tucson house auctions for sale, there are also apartment buildings and commercial properties left vacant in the area.
Continue Reading: Vacant Tucson House Auctions for Sale Worries Residents
A number of legislators and residents feel that, with the number of homes being sold at Fresno foreclosure auctions and the amount of properties falling under foreclosures, Fresno, as well as the whole San Joaquin Valley, California, should have gotten a bigger share of the latest federal assistance effort designed to help homeowners all over the U.S.
Continue Reading: Number of Homes Under Fresno Foreclosure Auctions Not Enough to Get Aid
Latest statistics saw Oakland home auctions for sale and foreclosure rates in most metro areas of California declining during the month of July 2010. According to housing industry numbers, the area of Northern San Joaquin Valley recorded some of the most significant declines among the metros of California.
Continue Reading: Problem of Foreclosed Oakland Home Auctions for Sale Eased Down
The prices of Dayton foreclosure auctions homes and properties in general in Ohio have suffered due to the high number of vacant and abandoned dwellings and buildings. According to local authorities, around 130,000 mobile dwellings, apartments and regular houses have gone vacant in the state in the past decade.
Continue Reading: Empty Homes Lower Prices of Properties in Dayton Foreclosure Auctions
