James Foxx's (jamesfoxx) Blog

Mortgage Electronic Registration Systems (MERS), a loan registry firm in Reston, Virginia, has been the subject of legal concerns in the past nine months. The controversy is expected to have an effect on foreclosure listings all around the U.S. MERS is reportedly involved in millions of foreclosu...

Real estate investors can find profitable buying opportunities in foreclosure lists in five cities which are facing the biggest home price declines this year and next year. They can also explore distressed home listings in the four cities expected to post the highest rates of increases in home pr...

Home prices are now holding up against Chicago foreclosures in certain neighborhoods. After three years of continued slide in house prices, a number of Chicago neighborhoods have been showing surges in prices. These recovering neighborhoods, according to local analysts, are the areas that were hi...

The rise in number of Tampa bank owned homes in March mirrored the statewide and nationwide trend of sharp increases in real estate owned homes during the month. The number of residential properties that entered bank owned property listing in the Tampa Bay Region shot up in March, with REOs in Ma...

The number of foreclosed homes for sale in San Jose, CA in March increased, providing more buying opportunities for residential investors. In Santa Clara County, where San Jose reigns as the administrative city, the number of foreclosed properties repossessed by lenders in March increased to 434 ...

Fannie Mae’s move to change some of the rules governing home mortgage loan applications might have some significant effects on foreclosures by state statistics. The mortgage institution has recently stated that it will be relaxing rules that prevent loan applicants from qualifying for another loa...

Homes taken over by banks and properties treated as part of a bank owned homes listing sometimes are not even owned by banks anymore. Or at least, that is how it seems if complaints from a number of homeowners were proven true. House foreclosures by state continue to rise and Michigan is no diffe...

Investors looking for low-priced condos can find them in still high number in any Miami foreclosure list, based on the number and frequency of foreclosures on condo projects in the Miami area over the past months. The average prices for condos have been falling since 2006 when the market started ...

Flippers have returned and are now earning money from Los Angeles foreclosures. The southern suburb of Los Angeles is becoming popular to investors and home buyers because of its nearness to the city of Los Angeles and to other job locations. Additionally, the central area of the southern suburb ...

Miami foreclosures are still dragging down home prices, including the prices of high-end homes in Miami-Dade County and its suburbs. The median sales price for pre-owned homes in the Miami metro area in March was $197,500, a drop of 4 percent from the price median one year ago, which was $205,600...