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Waterboro Town Affected By Rising Foreclosures

Friday, February 6th, 2009

The Waterboro’s housing market is one of the worst troubled areas of the state due to rising number of foreclosures. It is a symptom of the troubled economy in rural Maine.
Related Foreclosure NewsFlorida bank distress homes for saleSearch Images: Foreclosed Homes, maine

Foreclosures Face a Six Month Moratorium

Monday, April 28th, 2008

A proposal for a six month suspension on foreclosures has been made by some lawmakers as the numbers of people unable to pay their mortgages are increasing. Three bills have been introduced with the purpose of providing relief to the mortgage climate and the proposal for moratorium is among them. According to the second bill [...]

Foreclosures Beat Home Sales In Many Parts Of The Country

Wednesday, March 19th, 2008

Foreclosure notices being sent out at a rapid pace, in many places, has exceeded the number of homes sold in the particular month. The rate of foreclosures in Nevada is the worst hit with the highest across the nation. With the housing markets being hit continuously with falling prices and distress sales, worried government officials [...]

Housing Market Continues To Be Hurt By Increasing Foreclosures

Tuesday, February 26th, 2008

An increasing number of home sales are attributed to foreclosures, more so in areas that are affected the most in this real estate crisis. According to data from the Associated Press, comparison of 2007 foreclosure data shows that there is more pressure for dipping house prices not only in areas of Colorado, Michigan, Nevada and [...]

Negative Impact Of Foreclosure On Housing Market

Tuesday, February 19th, 2008

The volume of home sales has grown due to the rise in the volume of foreclosures. Almost 50 percent of home sales in parts of the state of California are from houses that have been foreclosed. According to the data given out by an Associated Press comparison of the sales of 2007, this phenomenon [...]

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