Moratorium on Philadelphia Foreclosed Homes Won t Be Extended
Although the Philadelphia City Council passed a measure at the end of March instituting a moratorium on Philadelphia Foreclosed Homes proceedings for the month of April, the city will not heed the call of citizens to extend the moratorium into the month of May.
Indianapolis Foreclosed Homes Could Offer Best Investment Potential of Any City
Indianapolis Foreclosed Homes have long been one of the most plentiful metropolitan foreclosed homes for sale in the country, and that trend does not seem to be showing any signs of slowing down soon. Currently, Indianapolis Foreclosed Homes account for roughly 1 in every 50 homes in the area, ranking the city among the top ten metropolitan areas with the highest rates of foreclosure.
City Officials Getting Serious about Lowering Charlotte Foreclosed Homes
City leaders are getting serious about reducing the number of Charlotte Foreclosed Homes currently on the market that are driving down property values and leading to more defaults across the city. A group of city officials toured some of the hardest hit areas on Tuesday and pledged to start doing more to help citizens in danger of default.
Dallas Foreclosed Homes Up 40% from 2007
The Dallas Foreclosed Homes scene continues to offer great deals for investors, as new statistics show that the current foreclosure rate in the city is up over 40% from May of 2007. With more than 4,400 homes currently scheduled for auction during the first week of the month, the market is absolutely flooded with new Dallas foreclosure listings, as many experts predicted it would be at the beginning of the year.
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