New York Passes Bill to Help Foreclosure Victims
Thursday, March 11
The governor of New York, David Paterson, notified the passing of a new bill that aimed at helping the besieged house owners who were facing the danger of losing their houses to foreclosure. The Program Bill no. 46 of the Governor was passed by the legislature of the state last November 26th...
Prices of Homes including their Values Rose Despite the Denver Foreclosures
Thursday, March 11
In Denver, the foreclosures have managed to stay quite high as compared to the foreclosures in the other metros, but home values, home prices and sales of homes from builders in the city have been improving, based on reports from real estate research companies and from the Colorado Division of...
The Arizona Market Still Driven by the Foreclosure Home Listings
Tuesday, January 26
The housing market in Arizona is primarily driven by the twin listings of Arizona foreclosed homes and short sales. This is specifically the scenario in the Verde Valley communities, as the local property brokers observed. In 2009, the proportion of distressed sales ranged at 51% making it almost...
Foreclosures in Vermont: Explaining the Numbers in a Rational Way
Tuesday, December 08
Numbers are an interesting thing. They can give the person looking at them a snapshot of reality but they seldom tell the entire story. The number is usually more than a synopsis than a review. Take for examples the foreclosure numbers in the state of Vermont. The number of homes in foreclosure i...
Fresh Efforts to Control Foreclosures by the Administration
Thursday, December 03
As the crisis of foreclosure does not seem to give any relieve to the homeowners, so the Obama administration intends to enlarge a program that aims to help the distressed homeowners for retention of their houses. This will invariably increase the rate of conversions of the distressed home loans....
The Citi Spruced the Lists of Bank Owned Foreclosure of Missouri
Thursday, November 26
In Missouri the number of homes foreclosed by banks have been spruced up the Citigroup when it stepped up the attempts in order implement the Home Affordable Modification Program. Vikram Pandit, the CEO of Citigroup, observed that in Missouri the distressed homeowners applying for modifications i...