Foreclosure News - Matthew Zivkovic

Foreclosure News

Foreclosure Homes Articles
Michigan Foreclosure Rate Affected by Local Economy	7/22/2008 9:42 AM
Most cities and towns in Michigan are feeling the impact of the enduring foreclosure crisis. In fact, the jump in the state's foreclosure rate is now being tied to the local economy.
Foreclosure Sellers: Attract Buyers by Preparing Home	7/14/2008 9:06 AM
If you look at today’s housing market, you will notice that there is more than enough supply of foreclosure homes for sale. The problem lies with the lack of buyer. There are those who are interested in making a purchase but have chose to wait patiently for better prices and larger selection.
National Foreclosure Rate Soar 53%	7/10/2008 9:02 AM
According to the most recent US housing market data released by RealtyTrac, the number of homes that entered some stage of foreclosure has grown by over 50 percent in the last twelve months. For the month of June alone, there were actually 252,363 foreclosure filings.
The Aftermath of Chicago Foreclosures	7/9/2008 8:37 AM
Reeling under the effects of Chicago foreclosure homes, the city has momentarily shifted into an undeniable silence. The silence is often broken by the noise of prospective buyers, police sirens trying to chase drug dealers and thieves. The story of the southwest corner of Humboldt Park in Chicago is no different as a number of homes are lying vacant while others have been torn down. Most of the foreclosure homes can be seen in Chicago foreclosure listings and only a handful of them have been bought by inquisitive investors or first time homebuyers.
New NH Law Aims to Protect Consumers from Foreclosure	7/9/2008 6:47 AM
Governor John Lynch of New Hampshire signed a new bill, HB 1286, in an effort to curb rising foreclosure rate in the state. The said bill requires the licensing of mortgage originators in order to discourage them from aggressive lending practices. It was authored by Senator Lou D'Allesandro and Representative Tara Reardon.
Election Officials Worried About Foreclosures and Voting Rolls	7/8/2008 8:10 AM
In Columbus, Ohio, election officials are becoming worried about the possible problems that might arise when voting day comes. Registered voters who have lost their homes to foreclosure might endure some inconveniences since their addresses are now different. In addition, their provisional ballots might not be counted if they fail to make the necessary changes.
Is The City Prepared To Run Public Housing?	7/7/2008 9:38 AM
Last year, the San Diego housing officials got a surprise, and it was not about managing San Diego foreclosure homes; it was about managing the few hundred rental units in the city. Yes! San Diego has the freedom to withdraw from the public housing program run by the federal government. The truth is that San Diego City has a much bigger problem on its hands, bigger than auctioning San Diego cheap homes. It is suddenly face-to-face with the financial burden of managing these rentals.
Slow Rate of Foreclosure in Dallas and Other Parts of North Texas Is Good News?	7/4/2008 8:47 AM
In the rising tide of foreclosure, the good news of homeowners in Dallas and other parts of North Texas is that there is a slowdown in the number of Dallas foreclosure homes. However, at the same time, analysts who have been tracking various home loan/mortgage defaults believe that people should not go by these temporary figures as the situation can change for the worse in the coming months. This is just an assumption!
Foreclosure Counselors Attend Denver Convention	7/1/2008 6:40 AM
The deepening problems in the housing and mortgage industries have not only resulted to millions of homes in foreclosure. The unfortunate situation has also given birth to thousands of foreclosure counselors, who are working with local governments and non-profit organizations, in order to provide assistance to troubled homeowners facing foreclosure.
Foreigners Find Investment Opportunities in Foreclosures	6/30/2008 8:12 AM
Canada residents are packing up their bags and heading to states like Arizona to get a glimpse of the foreclosure properties being sold at a fraction of their market prices. Also, nationwide, home prices have declined considerably, by as much as 30 percent in some cities. Such decline is generating even more buyer interest.