Distressed

The current struggles of the oil-based economy of the Houma-Thibodaux, La., area has led to an increase in foreclosures, a new report says.

With its mortgage in default and no refinancing on the horizon, The Plaza at PPL Center in Allentown, Pa.,appears headed for foreclosure.

Foreclosures in the first quarter of 2017 fell to pre-recession levels in Pima County, Ariz.

The rate of home foreclosures in Houston was 52% below the average pre-recession rate.

A prominent Detroit property tax official moonlights as an executive for Home Team — the fledgling Detroit real estate company that recently pitched a controversial plan to acquire thousands of foreclosed homes — raising questions about a potential conflict of interest.

Foreclosure activity continues to fade in Southwest Florida this year, staying at pre-recession levels of distressed homeowners.

Sales of foreclosed homes in Monroe County, Pa., fell dramatically for the first few months of the year, figures from the local Realtors association revealed.

Foreclosure rates in Ohio's biggest metropolitan areas have dropped well below pre-recession levels.

First-quarter foreclosure activity was down 19% from the same period last year to the lowest level since the third quarter of 2006.

Almost half of U.S. housing markets are now seeing foreclosure rates lower than they were before the Great Recession.