The Florida Supreme Court Task Force on Residential Mortgage Foreclosure Cases has released a report in which it streamlined the Florida foreclosure homes process. In March 2009, a court order stated that several Florida circuits implemented various approaches to effectively manage, deal and process all the foreclosure cases. The court order pointed out that the [...]

Georgia Foreclosure Homes on the Rise, Values to Drop
Last month, the number of Georgia foreclosure homes increased by almost 40 percent. The increase in foreclosure numbers prompted industry experts to predict another decline in home values in the state. They said that the value of a property will drop significantly if it is located near a foreclosure house. Industry experts said that in the [...]

Philadelphia Foreclosure Homes Still Dominate the Market
Strong buyers’ demand for cheap properties has made Philadelphia foreclosure homes still a force to reckon with in the Pennsylvania housing market. This is part of the findings of the Federal Reserve’s survey of businesses across the country. The survey showed that economic activity has been improving or improving in many regions. But economists warned that [...]

Texas Foreclosure Homes Impact Homeowners Associations
The number of Texas foreclosure homes dropped by 7 percent last month from July but still 4 percent higher compared to August the previous year. The figures showed that one out of 838 houses in Texas was in some stage of foreclosure process, earning the state the 27th position nationwide in terms of foreclosure rate. The [...]

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