News from Realty Trac:
Top 10 Foreclosure Metro Areas February 2010 - Total Properties With Foreclosure Filings
1.Miami-Fort Lauderdale FL 19,033
2.Los Angeles-Long Beach, CA 18,118
3.Chicago-Naperville, IL 16,186
4.Phoenix-Mesa, AZ 13,830
5.Riverside-San Bernardino, CA 12,840
6.Detroit-Warren MI 12,078
7.Atlanta-Sandy Springs, GA 9,096
8.Las Vegas-Paradise 9,012
9.Orlando-Kissimmee, FL 6,823
10.Tampa-St Petersburg, FL 6,681
According to Realty Trac, Foreclosure filings-default notices, scheduled auctions and bank repossesssions were 2% lower than previous month but still 6% higher than reported in Feburary 2009. 1 in 418 US hones recieved foreclosure filing. Though is is the smallest increase since January 2006.Remember, if you have any questions regarding purchasing a foreclosure or short sale or if you know anyone that might be late on their payments and possibly facing losing their home...I am here to help. I am a Certified Distressed Property Expert as well as an Shortsale Foreclosure Resource.
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