ForeclosureDeals Does the Research for Its Clients

| From

MIAMI, Fla. (SEND2PRESS NEWSWIRE) --, a leading online foreclosure listings service announces that real estate executives say the regions that saw the biggest price spikes during the bubble continue to wrestle with the most foreclosures: California, Florida, Nevada and Arizona. According to ForeclosureDeals, in the month of May, alone, California reported 92,249 properties with foreclosure filings - the highest total of any state.

In Florida, while scheduled auctions and bank repossessions were down from the previous month, the state still posted the nation's second highest number of properties with foreclosure filings: 58,931.

Nevada documented 17,157 properties with foreclosure filings, pushing its foreclosure activity up five percent from the previous month.

Other states with totals among the 10 highest in the country were: Arizona, (16,865); Michigan (13,891); Ohio (11,360); Illinois (10,942); Georgia (10,516); Texas (9,813); and Virginia (5,385). The top 10 states account for nearly 77 percent of foreclosure filings, nationwide.

"In looking to the future, there is still too much uncertainty in the overall economy that will, without a doubt, only create more foreclosures," Matt Bradley, lead analyst for ForeclosureDeals, says.

In addition, while some ARM's have reset, according to a recent Bloomberg report where they sourced First American CoreLogic, approximately one million option adjustable-rate mortgages are estimated to reset higher in the next four years.

So, how does fit in? This online foreclosure listings' service promises to provide support, resources and guidance to people who are seeking to purchase residential properties at rock-bottom prices.

"While there are buyers in the market, they still lack the confidence," Bradley, adds. "Our team of well-trained real estate experts helps to restore confidence through education and financial savvy." works closely with financial institutions, court houses, government agencies and brokers. Clients can rest assured that has done its homework; all listings are accurate and up-to-date.

Some benefits of using include: daily updates, exclusive search filters, satellite photos, neighborhood profiles, a free foreclosure e-book, educational resources and more.

About ForeclosureDeals

Founded in 1998, provides services in all 50 states. Its foreclosure listings databank has more than 1.5 million property listings and its 65 employees are at the ready to serve 24 hours per day, seven days per week.

News Source:
Like, Share, Save this press release:
  TWEET   SHARE   G+   STUMBLE   LinkedIn   Instapaper   Buffer

The content of the above press release was provided by the “news source” (ForeclosureDeals) or authorized agency, who is solely responsible for its accuracy. Send2Press® is the originating wire service for this story and content is Copr. © 2009 ForeclosureDeals with newswire version Copr. © 2009 Send2Press (a service of Neotrope). All trademarks acknowledged.

Rights granted for reproduction by any legitimate news organization. However, if news is cloned/scraped verbatim, then original attribution must be maintained with link back to this page as “original syndication source.” Resale of this content for commercial purposes is prohibited without a license. Reproduction on any site selling a competitive service is also prohibited. Information is believed accurate, as provided by news source or authorized agency, however is not guaranteed, and you assume all risk for use of any information found herein/hereupon. This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.
STORY READS for this single page only, as of Oct 22 2016:
[ count retired 8.4.16 ]

Real Estate, Directories and Portals, or: Search

back to top
REFERENCES: bank repossessions, Foreclosure Deals, ForeclosureDeals, foreclosures, California, Florida, Nevada and Arizona, foreclosure filings, auctions and bank repossessions, property, real estate, homes, home, Matt Bradley, lead analyst, news, press release from ForeclosureDeals, Jun 29, 2009, Real Estate, , , , , ForeclosureDeals Does the Research for Its Clients