James Foxx's (jamesfoxx) Blog

Bank owned foreclosures for sale accounted for more than 19 percent of total foreclosure filings in Florida in April, a sharp increase from 14.63 percent in March. A total of 9,259 homes in Florida were repossessed by banks in April, accounting for 19.14 percent of the 48,384 homes put into the f...

Home prices are still being dragged down by Atlanta bank owned properties despite the slowdown in the pace of increase of foreclosures in the area. A total of 9,587 foreclosure notices were filed in May, marking a small rate of increase from April. The month-over-month increase rate in May was on...

The number of houses posted for Los Angeles home auctions for sale in April declined, allowing home prices to rise significantly during the month. In April, the number of homes repossessed by lenders or bought by bidders through public foreclosed houses auctions for sale in Los Angeles County fel...

Homeowners are hoping that the condition of foreclosed homes for sale in Houston, TX will mimic the trend in the Dallas-Fort Worth area where most counties recorded a decline in the number of foreclosure postings for the auction month of June. This makes it the second successive month that the No...

Bargain-priced Detroit foreclosures could enter the market again if the increased pace of foreclosures continue. Hopes of market recovery were dashed when recent reports showed that more homes entered foreclosed homes auctions in metro Detroit in April. Sellers and realtors were encouraged when t...

A number of complaints from Indiana residents, including people who have lost their properties to Indianapolis foreclosures, led to the state formally filing a lawsuit against Daniel Shrader, an agent who works for several companies that offer help to troubled homeowners through foreclosure-relat...

Home buying preferences have changed due in part to the economic effects of Los Angeles foreclosures. Now, record numbers of home buyers prefer smaller houses and properties nearer job centers. They no longer like to suffer long commutes just to be able to live in sprawling houses in farther subu...

Despite the increase in loan modifications and the sharp decline in foreclosure activity in South Florida, the number of Miami foreclosures in April was still relatively high. There were 5,689 houses in Miami-Dade County that were repossessed or purchased through public foreclosure auctions in Ap...

The centers of foreclosed homes for sale in Tampa, FL are now changing, as neighborhoods battered by foreclosures in the early months of the housing crisis are now recovering and areas previously insulated from the crisis are now experiencing surges in defaults and foreclosures. In Riverview, one...

The number of bank foreclosures in the U.S. continues to increase in the month of April 2010, continuing a pattern that began in March when banks have started working on troubled loans contracts that they inevitably neglected during the second half of 2009. As banks rush the troubled mortgage iss...