Bankruptcy Homes and Other Residential Property Sales Up in Richmond Sales of foreclosed and bankruptcy homes and regular dwellings surged in the west side area of Richmond, Virginia in February 2011. According to realtors, the housing market of the area, along with the adjacent west side of Vancouver, has become a seller's market as demand [...]
Commercial Foreclosed Properties Fail to Hinder Luxury Market Residential and commercial foreclosed properties have often been blamed for the decline in property prices and values, particularly in hard hit areas like California. However, 2010 fourth quarter data showed that the luxury home market of San Francisco and several other local areas were able to take [...]
Foreclosure Listing Prices Continue to Drop in Major U.S. Markets Prices of properties in foreclosure listing and non-foreclosed dwellings have hit an all time low in the U.S., housing industry analysts have reported. They stated that prices are likely to decline further in the coming months. A big number of metro areas have reportedly reached [...]