Foreclosure up in metro areas

By
Real Estate Services with New England Title/ Fitzpatrick & Associates, P.C.

According to a report published by the associated press, foreclosure activity is up in 154 of the 206 metropolitan areas. On information from Realty Trak, " about 1.7 million homeowners received a foreclosure related warning between January, 2010 to June 2010". With the unemployment problem, i can only guess were we will be in the second half of this year. 

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Location:
Massachusetts Middlesex County Tewksbury
Groups:
Mortgage Bankers
Mortgages
Tags:
foreclosure mortgage

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Rainer
109,890
Jenna Dixon
Assoc Broker, NW Metro Atlanta
DRA Homes (Atlanta, GA)

YIKES.  1.7 in the first 6 months...I hope the estimates of 1 million foreclosures this year were not as grossly wrong as the new numbers might suggest.

July 29, 2010 09:37 AM
Rainmaker
721,691
Carol Zingone
Global Realtor Based in Jax Beach, FL
Berkshire Hathaway Home Services Florida Network Realty
While I know that may be true, Realty Trac does track ALL lis pendens filed which does include an HOA LP. That being said, you could choose to see the opportunities the market presents and the relative "Glass is half full".
July 29, 2010 09:40 AM
Rainer
38,283
Hugh Fitzpatrick
New England Title/ Fitzpatrick & Associates, P.C.

Thanks for your responses

August 01, 2010 06:49 AM
Anonymous
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Rainer
38,283

Hugh Fitzpatrick

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