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Rental Prices Soaring as Home Values Stay Low

Foreclosure Deals

MIAMI, Fla., Dec. 7, 2011 (SEND2PRESS NEWSWIRE) — Foreclosure Deals, a leading provider of foreclosure listings, news and information, has released new research on home prices and rent values across the nation. Drawn on data collected from regional and local real estate markets, the numbers demonstrate the relationship between the average cost of rent and the average cost of a home purchase in each state, which can help homebuyers choose the best markets in which to invest.

New Legislation Could Slow Illinois Foreclosures Further

Foreclosure Deals

CHICAGO, Ill. (SEND2PRESS NEWSWIRE) — Illinois foreclosures dropped sharply in the first quarter, reports ForeclosureDeals, a leading provider of foreclosure news and foreclosure listings. In addition, new measures to fight foreclosures by the state could lead to higher prices for Illinois foreclosures in the near future, making the foreclosure discounts investors are used to harder to come by.

Arizona Foreclosure Sales Becoming Popular

Foreclosure Deals

PHOENIX, Ariz. (SEND2PRESS NEWSWIRE) — ForeclosureDeals.com, a leader in the foreclosure listings and foreclosure information industry, reports that Arizona foreclosures are becoming hot commodities. New statistics show home sales in the metro Phoenix area growing at a rate not seen since before the Arizona foreclosure crisis in 2005.

As California Foreclosures Rise, Foreclosure Investment Flourishes

Foreclosure Deals

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — ForeclosureDeals, an online leader in the foreclosure listings and foreclosure news industry, revealed that while California foreclosures are up significantly since the beginning of the year, foreclosures in California are taking up to a year to reach the market.

More Florida Foreclosures Rejected by Courts

Foreclosure Deals

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — ForeclosureDeals, an online leader in the foreclosure listings and information industry, reports that new developments in the Florida foreclosure market could slow the rate of foreclosures drastically statewide. As courts become more reluctant to approve foreclosures and more properties get caught up in lengthy foreclosure proceedings, less homes are going to foreclosure sale.

Changing Market Indicated It Could Be the Best Time to Buy a Foreclosure

Foreclosure Deals

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — ForeclosureDeals, an online leader in the foreclosure listings and foreclosure information industry, reports that rising mortgage costs and declining foreclosures in many areas signals that now could be the best chance homebuyers have to save money on discount foreclosure homes.

Foreclosure Filings 2010 Statistics Show No Shortage of Foreclosed Homes

Foreclosure Deals

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — Record numbers of foreclosures hit the market in 2010, as well as record numbers of people looking to buy them, reports Foreclosure Deals, a leading online provider of foreclosure news and information, in a year-end Foreclosure Filings 2010 review. The record-breaking trend of 2009 continued throughout the year, as foreclosures have remained high and many experts are expecting them to climb even higher in 2011.

Number of Foreclosures in August, 2010 Still Falling

Foreclosure Deals

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — Foreclosure Deals, an online leader in the foreclosed homes for sale listings and information industry, announced today that foreclosures increased by 4 percent nationwide during July and still have fallen in the month of August. The month’s total of 325,225 homes represents a 10 percent decrease from foreclosure totals in June 2009, and indicate that the trend of rising bank repossessions is continuing well into the summer.

31% of Home Sales in First Quarter Were Foreclosures

Foreclosure Deals

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — Foreclosure Deals, an online leader in the foreclosed homes for sale listings and information industry, announced today that 31% of all residential properties sold in the first quarter of 2010 were foreclosure properties. Experts at the company believe the statistic shows that people are continuing to turn to the foreclosure market as a plentiful source of low cost homes.

Foreclosures Fall 9 Percent Nationwide During April

Foreclosure Deals

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — Foreclosure Deals, a leader in providing listings of foreclosed homes for sale nationwide, reported today that foreclosure filings in April fell 9 percent from the previous month, and over 2 percent from April of 2009. The company also revealed that default notices, which mark the beginning of a new foreclosure, were down 12 percent from March and over 27 percent from the previous year, while bank repossessions (also known as REOs) of existing foreclosures hit a record high.

Foreclosure Deals Reports on Falling Foreclosures in January

Foreclosure Deals

LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) — New statistics from Foreclosure Deals, a leader in foreclosure listings industry, show the market for foreclosures is already improving in 2010, with foreclosures down 10 percent in January from the previous month. Foreclosure property inventories also fell in traditional foreclosure hotspots throughout the nation, which experts believe could be an excellent sign for buyers considering a purchase this year.

Foreclosure Deals’ Report Is Valuable Tool for Real Estate Investors

Foreclosure Deals

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — Foreclosure Deals, the leading online marketplace for foreclosure properties, has compiled important data for the second semester of 2009; it releases statistics on foreclosure information throughout the U.S. This is valuable information for people who want to invest in foreclosed homes for sale.

Foreclosure Deals’ Widgets: An Excellent Resource for Real Estate Pros

Foreclosure Deals

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — What’s a widget? Foreclosure Deals announces some new features – its new widgets – created for easy and up-to-date foreclosure database access and mortgage rate information. ‘Widgets are a great way to build a user’s knowledge of the material on your Web site,’ James Foxx, real estate expert with Foreclosure Deals, explains.