0
In 2007, the Census showed that there were around 110 million occupied "housing units" in the United States. RealtyTrac estimated that 1/416 households in the US received a foreclosure notice in August 2008. That means 264,000 households received such notices. Assuming that it takes 6 months to sell a foreclosed house, I estimate that there are around 1.6 million "housing units" in foreclosure.
Eric Fisher, Professor of Economics, California Polytechnic State University
What else can I help you with?
How many houses are in foreclosure?
1. Commercial Property 2. Residential Property
How do you use foreclosure in a sentence?
There is expected to be foreclosure on all the houses on that block.
What is the importance of a foreclosure of a house?
Houses go into foreclosure when the owner can no longer afford to make the house payments. Many people look to purchase foreclosure homes as they can often be purchased for a low price.
How can one find listings of real estate subject to foreclosure?
There are many ways that one can find listing of real estate that are subject to foreclosure. Houses that are subject to foreclosure will have notices on them. One can also obtain information on this from real estate sites.
How many houses does the US legislature have?
50,00,000,000,000 houses
Are there photos one can see of chicago houses?
There are many options on the internet to view photos of houses in Chicago. Whether you are just looking for a home for sale, a foreclosure home or a city attraction home, there are many photos to view.
How many houses are there in the US?
About 90000000
How many houses are in the US?
About 90000000
What can one do to get repossessed houses?
There are many websites one may peruse to find repossessed houses for sale. Some of these websites include Bank Foreclosure Sale, House Buyer Network, and Bank Foreclosed Listings.
What conditions are required for a foreclosure in Phoenix Arizona?
The requirements for a foreclosure in Phoenix, Arizona will vary depending upon the lender your loan is with. All lenders have different criteria for repossessing houses.
Can I really buy cheap houses at a foreclosure auction?
Foreclosure auctions are some of the best places to buy cheap houses. Normally the bank is just trying to get their money back and is willing to sell the house pennies on the dollar so you can end up getting a bargain
How many houses did the US Constitution did it make?
2
