It Seems There Will Be Plenty Of Opportunity To Buy Foreclosed Homes In 2010!

It appears that not only is the foreclosure epidemic not being over…it seems that we haven’t seen the worst of things yet. Lately there have been news reports saying that there maybe as many as 2 million more foreclosures in 2010. So if you are too late to buy foreclosed homes, the answer is no. There will be significant opportuntiy to buy foreclosed homes.

We have rounded up some of the information we could recently find in relation to the housing market and foreclosures in particular.

Foreclosure Hits Unexpected

We have rounded up some of the information we could recently find in relation to the housing market and foreclosures in particular.

Dallas Foreclosures Surging in High-End Communities

Dallas foreclosures have been soaring in high-end neighborhoods over the past several months. This year, the number of homes in the $1-million price range that faced foreclosure this year increased by over 20 percent.

Buying Foreclosed Houses with Aid in Palm Beach, Florida …

Buying foreclosed houses will become easier this week for qualified residents of West Palm Beach, Florida after the city launched a home buying assistance program. The city will help eligible homebuyers by paying half of the purchase …

Shadow Inventory Foreclosure Estimated at 1.7 Million

There are about 4 million unsold new and existing homes currently on the market. The backlog of foreclosed homes will add pressure on sellers to reduce their prices. “We’re going to be dealing with high levels of distressed sales in the …

WISN Article on Common Ground and Foreclosed Homes – Common Ground

WISN Article on Common Ground and Foreclosed Homes. Posted in Foreclosure Crisis | December 17th, 2009. WISN printed the following article about Common Ground and the research we are doing concerning Foreclosed Homes in Southeastern …

Irvine Housing Blog – Irvine Real Estate and Resale Homes …

Heated bidding pushes up prices at foreclosure auctions, and the supply of new and existing homes is declining, according to the report. Radar Logic’s 25-MSA RPX Composite, which measures housing prices, dropped 0.7% in October – the …

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