Albuquerque NM Foreclosures
Albuquerque NM Foreclosures and bank owned properties for sale have not changed much lately. Currently there are about 400 REO properties available. Available Short Sale Home listings are a little less at 350. For a list of Albuquerque NM Foreclosures CLICK HERE!
Nationwide 9.1 Million U.S. Residential Properties Seriously Underwater in First Quarter, Lowest Level in Two Years.
RealtyTrac®, the nation’s leading source for comprehensive housing data, today released its U.S. Home Equity & Underwater Report for the first quarter of 2014, which shows that 9.1 million U.S. residential properties were seriously underwater — where the combined loan amount secured by the property is at least 25 percent higher than the property’s estimated market value — representing 17 % of all properties with a mortgage in the first quarter.