Notes from Charlotte County, Florida

December 19th, 2007 4:35 PM

Data provided by

Realty Trac


 

Foreclosures are down 10% in November 2007, from October 2007.

 

In November 2007 a total of 201,950 foreclosures were filed per Realty Trac. The top 5 were;

  1. California 39,992
  2. Florida 29,238
  3. Ohio 16,308
  4. Texas 11,599
  5. Michigan 11,464

The top percentage change from the same month a year ago (2006):

  1. New Hampshire 3,130%
  2. Maine 2,850%
  3. D.C. 1,950%
  4. Virginia 765%
  5. Maryland 638%
  6. Vermont 510%
  7. Delaware 312%
  8. Florida 212%
  9. Idaho 187%
  10. Wisconsin 170%

The filings include default notices, auction sale notices and bank repossessions. Some properties might have received more than one notice if the owners have multiple mortgages.

Forty-three states saw an increase in foreclosure filings over last year.

Nevada reported one foreclosure filing for every 152 households, earning the state the highest rate in the nation for the 11th month in a row. The state had 6,694 filings in November, up 1% from October and up 167% from November 2006.

Florida had one foreclosure filing for every 282 households. The state reported 29,238 filings last month, down more 3% from October, but up 212% from November last year.

Ohio reported one foreclosure filing for every 307 households. The state had 16,308 filings last month, down nearly 6% from October and nearly double the number from November 2006.

California had 39,992 foreclosure filings last month, up 108% from a year earlier and most in the nation. Its foreclosure rate was one filing for every 325 households.

The state's filings fell 21% from October's total.

Rounding out the states with the top 10 foreclosure filing rates in November were Colorado, Michigan, Georgia, Arizona, Indiana and Illinois.


Posted by Mike Federau on December 19th, 2007 4:35 PMPost a Comment (0)

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