http://www.foreclosurehomesinvesting.com Find all information about how to invest in foreclosed homes through great foreclosure articles in our Discussion Board. Fri, 03 Jul 2009 10:04:28 +0000 http://backend.userland.com/rss092 en For the 11th straight month, sales of previously-owned homes, including foreclosed home auction sales, increased in the Phoenix metro area in May, based on real estate sales data in Maricopa and Pinal counties. In May, a total of 8,587 units of pre-owned homes and units from foreclosed home auction inventories in ... http://www.foreclosurehomesinvesting.com/arizona/foreclosed-home-auction-sales-still-up-in-phoenix A study of foreclosures in the state of California showed that a significant number of hotels are set to be placed on bank foreclosure list. Results of a study, released by the Atlas Hospitality Group, are expected to have broader implications and significance for the hotel industry across the country. According ... http://www.foreclosurehomesinvesting.com/foreclosures/hotels-on-bank-foreclosure-list-increasing Over $750 billion worth of adjustable rate mortgages issued from 2004 to 2008 are expected to readjust to higher rates next year and in the following years and cause another flood of foreclosure homes across the U.S., based on reports from real estate and mortgage analysts. Many borrowers chose option ARMs ... http://www.foreclosurehomesinvesting.com/foreclosure-crisis/over-750-billion-arms-to-bring-about-more-foreclosure-homes Despite large numbers of foreclosed homes in Tennessee communities, home valuations have increased by significant percentages, according to homeowners questioning the valuations of their homes. This year, as 20 of the state's 95 counties are undertaking home reappraisals, many homeowners have been asking the basis of their reappraisals. In counties like ... http://www.foreclosurehomesinvesting.com/foreclosure-crisis/high-home-valuation-in-tennessee-despite-foreclosed-homes Data released by the National Association of Realtors showed that May sales of existing homes increased by 2.4 percent, while new homes sales dropped 0.6 percent. The May sales of existing homes represented two consecutive months of increases but real estate experts are cautious in saying the housing market is ... http://www.foreclosurehomesinvesting.com/foreclosure-market/housing-markets-with-more-reo-properties-for-sale-to-come A foreclosure auction in Texas is held in the county courthouse every first Tuesday of each month. It is here where a house that was not saved by a homeowner will be auctioned off to the highest bidder or where the lender will take it back if there is no ... http://www.foreclosurehomesinvesting.com/texas/anatomy-of-a-foreclosure-auction-in-texas For the first quarter of this year, the Federal Housing Administration (FHA) guaranteed about $71.7 billion single-family mortgage loans, representing a 245 percent increase from the previous year. The increase came as the number of repo homes for sale also rose across the country. U.S. Department of Housing and Urban ... http://www.foreclosurehomesinvesting.com/foreclosures/repo-homes-for-sale-fraud-burden-fha-funding Foreclosures have pushed down home prices to a point that many prospective buyers with cash savings and no home to sell are buying condos and homes they could not have afforded during the housing boom. Due to foreclosures, home prices have dropped to 2002 price levels, with many sellers accepting price ... http://www.foreclosurehomesinvesting.com/foreclosure-homes/foreclosures-accelerating-move-ups-in-chicago The city of Detroit in Michigan has found another way to address the growing REO property listing in the area. This time, the help comes from artists who heard about the city’s very low home prices. BanglaTown. This is what people called the north Detroit neighborhood where a mix of artists, ... http://www.foreclosurehomesinvesting.com/foreclosure-filings/artists-buy-cheap-houses-on-reo-property-listing Mortgage enterprises Freddie Mac and Fannie Mae were not included in the proposed revamp of financial sector regulation because of the current roles of Freddie Mac and Fannie Mae in the containment of the effects of repossessed houses. President Obama said that his administration will release its recommendations concerning Freddie Mac ... http://www.foreclosurehomesinvesting.com/foreclosure-crisis/fannie-freddie-roles-in-containing-repossessed-houses