There are 1 blog entries for November 2009.
Wednesday, November 18th, 2009 at 8:41pm. 146,616 Views, 0 Comments.
Just this month we saw 122 properties fall into foreclosure with an additional 377 Notices of Default. Year to Date 2009, we've seen 1,182 Foreclosures with 3,553 Notices of Default. These numbers represent increases of 19% and 249% respectively from Year End numbers from 2008.
What I find most interesting is the difference in the number of recorded Foreclosures and the actual Notices of Default (2,371). Just this number alone will double the total of all foreclosures in 2008. If on average 300 new notices of default are being sent each month, we can easily…
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