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ForeclosureListings.com reports that Home Borrowers are Fighting June Foreclosure Rise in Calif. and Ariz.
NEW YORK, N.Y. /eNewsChannels/ -- California, Florida, Michigan, Arizona, and Nevada made up more than half of the foreclosure activity in May. According to ForeclosureListings.com, there were 8,828 California foreclosure listings in May and 10,506 in June; an increase of 19.0 percent.
NEW YORK, N.Y. /eNewsChannels/ -- In some of the top cities in United States the underlying unemployment problem shows the impact on homeowners that face foreclosures, despite government programs to help hundreds of thousands nationwide keep their homes. According to BankOwnedProperties, the foreclosure listings showed both drops and rises in the states of N.J. and N.Y.
NEW YORK, N.Y. /eNewsChannels/ -- ForeclosureListings has noticed falling and rising trends in foreclosures in recent months. Why? When the supply of homes outweighs the demand for them, the prices shrink. When the values are attractive enough to investors with enough money to withstand the smaller return on the investment, the supply is reduced and the prices sustain at the present level.
NEW YORK, N.Y. /eNewsChannels/ -- Foreclosure Warehouse reports that Florida foreclosed homes in April were down 14.81 percent in Florida than a month ago, and California was down 8.46 percent.
NEW YORK, N.Y. /eNewsChannels/ -- Foreclosure Data Online reports that Colorado and Georgia had the highest increase in foreclosure listings, considered the most in the United States from April to May of 2011, reflecting more accurate statistics and reasons challenging the overall appearance of a downward trend over the previous year.
CHICAGO, Ill. /eNewsChannels/ -- Illinois foreclosures dropped sharply in the first quarter, reports Foreclosure Deals, a leading provider of foreclosure news and foreclosure listings. In addition, new measures to fight foreclosures by the state could lead to higher prices for Illinois foreclosures in the near future, making the foreclosure discounts investors are used to harder to come by.
PHOENIX, Ariz. /eNewsChannels/ -- Foreclosure Deals, a leader in the foreclosure listings and foreclosure information industry online, reports that Arizona foreclosures are becoming hot commodities. New statistics show home sales in the metro Phoenix area growing at a rate not seen since before the Arizona foreclosure crisis in 2005.
NEW YORK, N.Y. /eNewsChannels/ -- Foreclosure Warehouse recently reported that in April, the top five states with more foreclosure opportunities were California, Florida, Colorado, Arizona, and Georgia. From March to April, only Florida saw a decrease at -12.07 percent in foreclosures.
According to ForeclosureDataOnline, Real Estate Foreclosures in Florida Drop 12 Percent during April, 2011
MIAMI, Fla. /eNewsChannels/ -- Foreclosure Data Online reports that the state of Florida saw a decline in the number of foreclosures from 9,353 in March to 8,224 in April of this year; a 12 percent drop. Of the ten top Florida cities of foreclosures, only Jacksonville had an increase; 1.3841 percent from March to April.
MIAMI, Fla. /eNewsChannels/ -- Foreclosure Deals, an online leader in the foreclosure listings and foreclosure news industry, revealed that while California foreclosures are up significantly since the beginning of the year, foreclosures in California are taking up to a year to reach the market.