The Irvine-based RealtyTrac published its report about the housing market trends. The 2010 Year End Metropolitan Foreclosure Market Report shows that foreclosure declined in most of the metro areas which reported high foreclosure rates in previouss reports. "Foreclosure floodwaters receded somewhat in 2010 in the nation’s hardest-hit housing markets," said James J. Saccacio, chief executive [...]
Foreclosure postings are still at elevated levels, and this reflects the situation in Hays County, where foreclosure postings are up 28% from a year ago. This means in actual numbers a total number of 118 properties posted for February 2010 compared to 151 scheduled for February 2011. The number of properties listed for February auction [...]
Looking back to the past year, Scott Caballero said it was pretty steady, even with the incentives included. Looking forward, he thinks the market will improve this year. “San Antonio has always held its own,” he said. “I feel that 2011 is going to be better than 2010.” Meanwhile, February foreclosure numbers indicate no real [...]
Looking at the latest data published by RealtyTrac, we can see that 1.2% of all homes in Texas received a foreclosure notice over 2010. This means one in every 81 homes in Texas receiving a foreclosure filing, RealtyTrac says. Yes, this is really surprising to see this data, but this is fact. Texans, however, are [...]
Temple Mall stepped once again on the foreclosure list. The shopping center was on the January 4 foreclosure list but it was pulled back, because a negotiation was ongoing between the owner, Coyote Management of Addison and LNR property, a real estate development and investment group in Miami Beach, Florida. The property is valued at [...]
There are some good news for Texans: looking at the foreclosure numbers RealtyTrac published, the state ended 2010 in a better shape than other states. There were a total of 11,162 foreclosure filings in December, the RealtyTrac report says. This number brings a 16.5% decrease from then number of notices recorded in November. On a [...]
Jack Parker, a golf course developer and retail pioneer Clyde Smith are getting the stress test these days. They have been pals for over 25 year, but now Smith moved to foreclose on land surrounding the Tapation Springs Golf Resort and Conference Center, about 655 acres owned by companied his buddy Parker has a stake [...]
After a mortgage company attempted to lure her into modifying her mortgage and at the same time foreclosing on her property the woman, who owns the real estate decided to fill a lawsuit against the company. Beverly Harris filed a lawsuit on January 6 in the Harris County District Court against Nationstar Mortgage, alleging fraud, [...]
Sales of housing units which include new dwellings and pre-foreclosed properties are forecast to rise in this year. According to economists, the housing market of the region will improve further during the year. Although bank repossessions have increased during the housing market crisis, the county’s home industry remained strong compared with other metro areas. Economists [...]
The US Department of Housing and Urban Development wants to help troubled homeowners, who face foreclosure. Its method: HUD approved grants to two San Antonio organization to help prevent homeowners from facing foreclosure. The two San Antonio organizations are: the San Antonio Department of Community Initiatives and Our Casas Resident Council. The San Antonio Department [...]
