Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

What You Gain From A Study Of New Lis Pendens Filings
With the end of another quarter of home sales in Tallahassee, we have just recently updated our reports on lis pendens filings and foreclosure sales.
The trend of foreclosure sales is soaring, an unsurprising result of the past lis pendens filings that have occurred.
But a recent trend reversal on lis pendens filings is a cause for concern regarding the near future of home sales and values in Tallahassee.
Tallahassee Foreclosure Report While it seems like bad news to hear that foreclosure sales in Tallahassee were up more than 80% versus this same month last year, the reality is that foreclosure sales are the end result of something that has already occurred.
Specifically, foreclosure sales are not news, they are merely the future result of past lis pendens filings. We knew these foreclosure sales were impending, it is the new lis pendens that we monitor for real news in the distressed properties market.

In the foreclosure graph above, each column represents and entire year of data. In red, we see new lis pendens filings while foreclosure sales are shown in blue. Currently, there are more foreclosure sales than lis pendens filings, which suggests that the market is moving through a later stage of the distressed property ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention