Posted in Foreclosures, June 28th, 2011 | 1 Comment »
There are approximately 7,300 Connecticut foreclosures available for sale in the state at an average price of $99,000. This price level is in spite of the fact that southwest Connecticut includes several very wealthy bedroom suburbs of New York City. The economy of Connecticut has a very wide disparity. Fairfield County in the southwest corner [...]
Posted in Foreclosures, June 27th, 2011 | No Comments »
There are just shy of 6,000 New Mexico foreclosures currently on the market, with an average listing price of $200,000. This is a number substantially below the neighboring states of Colorado, Texas, and Arizona. The rate of unemployment in the state is running about 1.5% below the national rate for the current economic downturn. The [...]
Posted in Foreclosures, June 22nd, 2011 | No Comments »
With over 28,000 Minnesota foreclosures on the market, primarily in the greater Minneapolis area, there are many homes for a prospective homeowner to explore. The volume of Minnesota foreclosures is somewhat less than Wisconsin to the east, but substantially greater than the adjacent states west and south, which have smaller metropolitan centers. The state’s unemployment [...]
Posted in Foreclosures, June 21st, 2011 | No Comments »
Families looking for Wisconsin foreclosures will find over 35,000 foreclosed homes on the market throughout the state. The average price for those homes is just over $108,000. This is well below the neighboring states of Michigan and Illinois, but somewhat more than Iowa and Minnesota. The economy of Wisconsin has remained more robust than many [...]
Posted in Foreclosures, June 20th, 2011 | No Comments »
The price of Washington foreclosures dropped in many towns and cities over the course of the last month. This means that foreclosed homes continue to represent a potentially attractive purchase for would-be new homeowners. Prices have increased over the last month for the following: * The price of Yakima foreclosures increased by 8.64%. There are [...]
Posted in Foreclosures, June 17th, 2011 | No Comments »
There are over 67,000 homes on the market that are New Jersey foreclosures at an average price over $218,000. This is a larger number than either of the neighboring states of New York or Pennsylvania. Several towns have reported increased sale prices of foreclosed homes during the last month. Those include the following results: * [...]
Posted in Foreclosures, June 16th, 2011 | No Comments »
Pennsylvania foreclosures are not as severe as neighboring states. With just over 30,000 Pennsylvania foreclosures currently available for sale, that number is less than half of Ohio and Michigan. In a related observation, the unemployment rate in Pennsylvania during the current economic downturn has consistently run below the national rate. Many Pennsylvania towns and cities [...]
Posted in Foreclosures, June 15th, 2011 | No Comments »
Ohio Foreclosures have been a significant problem for real estate markets during the current economic downturn. Particularly hard hit areas by the economy have been older manufacturing town; these places have had problems recovering from the recession. Statewide unemployment rates, while peaking in late 2009, are somewhat higher than common nationwide unemployment rates. However, lately, [...]