Fisher Funding

Phoenix foreclosed homes are still feeling the effect of flipping. During the robust economy of the early 2000s, Phoenix investors flipped homes and purchased on credit. When the downturn occurred, some investors were able to make a good income, but those with imperfect credit, poor practices, and large loans found themselves in some challenges. In Phoenix, home prices doubled over a period of four years and then declined dramatically.

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Phoenix Foreclosure Homes Still Affected By Flipping Posted By:…

For September 2009, 5000 foreclosure notices were served on homeowners in the Fort-Worth area, meaning that the number of Fort-Worth foreclosed homes jumped 35% when compared with September 2008. In September 2009, the area saw lenders file for 15,880 foreclosures, while in September of 2008 only 12,050 were filed. Although those numbers are lower than in July 2009, the number of foreclosed homes in the area remained high in the early autumn of 2009.

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Rates Of Fort Worth Foreclosed Homes Climb Posted By: Joseph…