Foreclosure up in metro areas

By
Services for Real Estate Pros 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. 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Massachusetts Middlesex County Tewksbury
Groups:
Mortgages
Mortgage Bankers
Tags:
foreclosure mortgage

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
186,751
Jenna Dixon
DRA Homes (Atlanta, GA) - Marietta, GA
Associate Broker - Let's Talk Atlanta Real Estate

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.

Jul 29, 2010 09:37 AM #1
Rainmaker
765,969
Carol Zingone
Berkshire Hathaway Home Services Florida Network Realty - Jacksonville Beach, FL
Global Realtor in Jax Beach, FL - CIPS, SRES
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".
Jul 29, 2010 09:40 AM #2
Rainer
38,283
Hugh Fitzpatrick
New England Title/ Fitzpatrick & Associates, P.C. - Tewksbury, MA

Thanks for your responses

Aug 01, 2010 06:49 AM #3
Post a Comment
Spam prevention
Show All Comments
Rainer
38,283

Hugh Fitzpatrick

Ask me a question
*
*
*
Spam prevention