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Residential foreclosures continue to account for a huge percentage of housing unit sales in Indianapolis, Indiana, last year. Home sales figures from the U.S. Federal Housing Finance Agency (FHFA) saw a year-over-year increase in prices nationwide for the second time in five years. However, Indianapolis posted a decline in 2010. The decline in housing sales [...]
According to the latest report from the S&P/Case-Shiller home price index, and an article from CNN Money, home prices fell 4.1% during the last quarter of 2010 compared to the same time last year. Home prices were nearly 2% lower than three months before even as other parts of the economy improved. Robert Schiller, who [...]
Real estate brokers are set to handle less number of foreclosed properties in the coming month of March if the number of foreclosures posted for auction is to be used as gauge. In Denver-Fort Worth, Texas, foreclosed properties posted for the March 2011 auction has declined compared with the same 2010 month. Fort Worth foreclosure [...]
The path traversed by lis pendens foreclosure figures in Saint Louis, Missouri, is showing the same road that the national housing market is traveling. In the past few months, foreclosures are increasingly being caused by unemployment rather than bad loans. Areas of the metro region that used to be immune from the foreclosure crisis are [...]
Below is a story we received from one of our clients: “We have always paid our bills on time. We never had a late house payment with the 4 homes we owned. In the fall of 2009 my husband, daughter and I decided to move back “home” to PA as our mothers were widows there [...]