Free Look At Foreclosure Statistics
At the bottom of this Originator Times article is an example of Realtytrac information, by state. "The RealtyTrac Monthly U.S. Foreclosure Market Report provides a graphical map that illustrates foreclosure percentiles by state, as well as the total number of homes in some stage of foreclosure nationwide and by state over the preceding month.""Data is also available at the individual county level. RealtyTrac’s report includes properties in all three phases of foreclosure: Pre-foreclosures — Notice of Default (NOD) and Lis Pendens (LIS); Foreclosures, Notice of Trustee Sale and Notice of Foreclosure Sale (NTS and NFS); and Real Estate Owned, or REO properties (that have been repurchased by a bank)."
posted by Ben Jones @ 2:20 PM
1 Comments:
This is really strange. The NODs should out weigh the NTSs. Are lenders able to issue NTSs before a NOD? Otherwise a smaller NOD number indicates a recovering market (which doesn't make sense now).
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