For posterity, and sometime in the future, this blog post will be reflected on by a college student doing research on Foreclosures during these times...  If you are reading this, remember, tought times don't last but tough people do.  Hang tough, it is a once in a career market meltdown, and it does appear that there are blue skies ahead.  Data from CoreLogic:

Foreclosure inventory rates for select markets, March 2012

 

Geographic area Foreclosure inventory rate Year-over-year change in foreclosure inventory Completed foreclosures, last 12 months
U.S.  3.40% -0.10% 852,591
Tampa-St. Petersburg-Clearwater, Fla. 12.50% 0.70% 11,586
Orlando-Kissimmee-Sanford, Fla. 12.40% -0.40% 10,899
Nassau-Suffolk, N.Y. 6.60% 0.90% 689
Chicago-Joliet-Naperville, Ill. 6.40% 0.50% 15,038
New York-White Plains-Wayne, N.Y.-N.J. 5.50% 0.40% 838
Edison-New Brunswick, N.J. 5.40% 0.40% 471
Riverside-San Bernardino-Ontario, Calif. 3.40% -1.00% 29,758
Baltimore-Towson, Md. 3.10% 0.60% 1,264
Phoenix-Mesa-Glendale, Ariz. 2.80% -1.50% 43,789
Philadelphia, Pa. 2.80% 0.30% 4,243
Atlanta-Sandy Springs-Marietta, Ga. 2.60% -0.50% 39,801
Los Angeles-Long Beach-Glendale, Calif. 2.50% -0.50% 24,427
Portland-Vancouver-Hillsboro, Ore.-Wash. 2.50% 0.10% 5,916
Sacramento-Arden-Arcade-Roseville, Calif. 2.50% -0.70% 15,051
Washington-Arlington-Alexandria, D.C.-Va.-Md.-W.Va. 2.30% -0.10% 7,042
Oakland-Fremont-Hayward, Calif. 2.10% -0.60% 11,693
San Diego-Carlsbad-San Marcos, Calif. 2.00% -0.40% 9,405
Santa Ana-Anaheim-Irvine, Calif. 2.00% -0.20% 6,726
Minneapolis-St. Paul-Bloomington, Minn.-Wisc. 1.90% -0.30% 11,864
St. Louis, Mo.-Ill. 1.80% 0.00% 9,354
Warren-Troy-Farmington Hills, Mich. 1.70% -0.80% 14,655
Houston-Sugar Land-Baytown, Texas 1.60% -0.10% 16,845
Dallas-Plano-Irving, Texas 1.50% 0.00% 11,596
Seattle-Bellevue-Everett, Wash. 1.50% -0.90% 8,187
Denver-Aurora-Broomfield, Colo. 1.40% -0.40% 10,117

 

Source: CoreLogic, March 2012.

Gary Frimann
Broker / Owner
EAGLE RIDGE REALTY /
Signature Homes & Estates
"Our Performance Will Move You!"
(408) 846-8284
Eagle Ridge Golf Community
CA DRE # 01309169

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This post has been included in California Real Estate News
Post is included in group: Mortgage, Foreclosure & Elder Abuse Housing Fraud
Post is included in group: REO REALTORS

1 Comments on Foreclosure inventory rates for select markets March, 2012

MAY
01
2012
869,667 Points Outside Blog Called Shot Master

Gary - Thank you for sharing detailed quality information on foreclosure inventory rates for select markets March, 2012.
4:36pm • #1


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