Latest Foreclosure Properties News

Foreclosures in region expected to be lowest in a decade, report says
Fewer homes and commercial properties are in foreclosure this year than in the past, and 2012 will yield the lowest number for a five-county Pittsburgh region since 2001, according to a report released on Friday. Through Nov. 25, there had been 2,138 …
Read more on Tribune-Review

Fannie Mae's Christmas Present: No Evictions
WASHINGTON, DC – Fannie Mae (FNMA/OTC) announced today that it will suspend evictions of foreclosed single family and 2-4 unit properties from December 19, 2012 through January 2, 2013. Legal and administrative proceedings for evictions may …
Read more on Wall Street Journal (blog)

Distressed home sales likely to continue into 2013
While real estate agents remain anxious over dwindling inventories and a lack of additional homes to sell, they are equally fearful that banks could yet flood the market with foreclosed properties and tank home prices that have until recently been …
Read more on Sarasota Herald-Tribune

US Foreclosure Sales Fall in 3Q
RealtyTrac noted that sales of properties in some stage of foreclosure, also known as preforeclosure sales, outnumbered sales of foreclosed, bank-owned properties last quarter, counter to the trend in recent years. There were 98,125 preforeclosure …
Read more on Fox Business