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Foreclosure Heat Map: June 2007 & October 2009

RealtyTrac, an online leader in tracking the statistics of Foreclosed Homes across the country publishes a heat map to show what areas are the hardest hit around the nation.

Back in June, 200y, early in my relationship with the banks as an REO Listing Agent, I published a blog post showing the first map I had seen on the topic. Being in California, I was actually surprised that we were not being the trend setter that we are know for.

JUNE, 2006 FORECLOSURE HEAT MAP - REALTYTRAC

RealtyTrac Foreclosure Heat Map - June 2007

A little over 2 years later and California is right there at the very top of the pile with more bank owned homes and foreclosures than many of the states combined. Although RealtyTrac has changed the colors of their legend, it does appear that every state has some sort of problem with foreclosed homes. This is what the map looks like today.

OCTOBER, 2009 FORECLOSURE HEAT MAP - REALTYTRAC

RealtyTrac Foreclosure Heat Map - October, 2009

Until Next Time, Have a Blessed Day,

John Occhi, ePRO & Five Star Certified REO REALTOR®
www.JohnOcchi.Com
Hemet - San Jacinto Valley, CA
The Excellence in Real Estate Team @
Allison James Estates & Homes
2281 W. Esplande Ave, #102-B
Next to "Starbucks"
San Jacinto CA 92582
(951) 654-5550

This blog and the contents written here is the intellectual property of John Occhi, Hemet - San Jacinto Valley REALTOR® in the South West Riverside County region of the Inland Empire of Southern California. The views and opinions expressed are just that - views and opinions of John Occhi and those who comment. Please note that I am not an attorney or a tax professional and any time I discuss either topic, I suggest you consult with the proper professional for relevant assistance.

This blog is part of the ActiveRain Real Estate Network, which is a social network highlighting the best of Web 2.0. Information is provided with the intent of educating and assisting home owners, home sellers, home buyers and real estate investors with information the can be used to make better real estate decisions.

I am proud to be a full time REALTOR® who is proud to be a contributing member of the ActiveRain community.

Posted by John Occhi, ePRO, Hemet-San Jacinto CA Real Estate, 951-443-6259 on 10/05/2009 01:49 AM

Comments (6)

2006 - 2009 Foreclosure Heat Map in the Regional (Localism) Channel

realtytrac, foreclosure, bank, reo, listing, agent, map, foreclosed, homes, california, state

Originally posted at: John Occhi's Blog: Foreclosure Heat Map: June 2007 & October 2009

This post has been included in California Information Riverside County, CA Information
Post is included in group: Foreclosure Talk
Post is included in group: Foreclosures
Post is included in group: ForeclosureFocusUSA - An Unvarnished Truth
Post is included in group: Everything California
Post is included in group: California Short Sales, REO's, and Foreclosures

6 Comments on Foreclosure Heat Map: June 2007 & October 2009

OCT

Whoa, what happened? My state of Hawaii is now located offshore of Texas!

It's interested to see this because I just posted distressed property sales for Maui and Kauai and it confirms what I saw in the numbers.

Thanks for the information. I am surprised to see some states as hot as they are.

Richard,

Thanks for pointing this out - I didn't even realize that Hawaii or Alaska were missing from the first map.

You guys are getting hit harder than I suspected.

John

Charles,

Welcome back and yes there are a few surprises to me as well - In addition to Hawaii and Alaska Rhode Island and Tennessee both were a bit of a surprise.

John

I wish it wasn't so bad here in the NW. The banks seem to be becoming increasingly difficult to deal with.

Howard,

I agree I wish it wasn't so bad everywhere. I have found it helps if you put yourself in the position of the banks - think of it as your assets on the line - think how you would feel if you loaned someone a $100 and they only wanted to pay you back $25 and call it even.

It helps.

John

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