User71022_1_t Rich V
Search MLS Listings by city:
Members: 122,892 - 1,158 Online Now  Login
 

Foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 303,879 U.S. properties in August, a 12 percent increase from the previous month and a 27 percent increase from August 2007, according to the RealtyTrac U.S. Foreclosure Market Report. The report also shows one in every 416 U.S. households received a foreclosure filing during the month.

Nevada, California, Arizona post top state foreclosure rates
With one in every 91 households receiving a foreclosure filing in August, Nevada continued to document the nation’s highest state foreclosure rate for the 20th consecutive month. Foreclosure filings were reported on 11,706 Nevada properties, a 16 percent increase from the previous month and an 89 percent increase from August 2007.

California continued to document the nation’s second highest state foreclosure rate, with one in every 130 households receiving a foreclosure filing in August, and Arizona registered the third highest state foreclosure rate, with one in every 182 households receiving a foreclosure filing during the month.

 
This post has been included in Nevada Information
Post is included in group: MORTGAGE PRO Week in Review
Post is included in group: Blogging & SEO
Post is included in group: Lead Generation
Post is included in group: Mortgage Solutions
Post is included in group: Responsible Mortgage Lenders

3 Comments on Foreclosure filings up, way up!

That is amazing...we have seen our share here, in Northern Virginia, particularly prince william county, but it appears to have tapered off.

10/02/2008 06:10 PM by Konnie MAC Northern Virginia Real Estate (Konnie McKee )


It's unbelievable.  Here in Florida we have many foreclosures as everyone knows.  One thing that I have also stumbled on here locally is that there are a handful of cases where the bank has done nothing after 8 to 12 months or is extremely slow in the process.  It seems that some are holding off from reporting all of the bad mortgages.

10/02/2008 07:16 PM by Sergio Rebollo Jr. (Exit Prime Realty)


Konnie MAC here are your #'s for Virgina. I still win though (California #3).

 

 

Rank State Name NOD LIS NTS NFS REO Total 1/every X HH (rate) %Change from Jul 08 %Change from Aug 07
14 Virgina 1 0 28 0 14 43 20,414 13.16 -59.05

10/02/2008 07:43 PM by Rich V (US Mortgage Modification)


Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate - Other: Rich V (US Mortgage Modification)
Rich V
Huntington Beach, CA
More about me…
US Mortgage Modification

Office Phone: (425) 387-6584
Cell Phone: (425) 387-6584
Email Me


Links

Archives

RSS 2.0 Feed for this blog

Find CA real estate agents and Huntington Beach real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved