* The U.S. Foreclosure Index
has modified its statistics methodology to present a more accurate picture of the
actual number of homes lost to foreclosure. Prior to second quarter 2009, the Index
counted all public recorded documents giving title to the forecloser. Retroactive
to January 1, 2009, the Index has updated its foreclosed houses statistics to reflect
only one foreclosure notice per property.
*For accurate
foreclosure statistics please send us an
email request or contact Sofia Gutierrez, ForeclosureS.com, 800-310-7730
x190 or sofia@halldinpr.com.
Our foreclosure listings are gathered from public recordings of official documents
as required by each state. Document-type requirements vary by state. (Check
out your state's Foreclosure Laws.) In all cases, a public recording begins
the process—pre-foreclosure listing--and a public recording that changes the
title on the property ends the process--foreclosure/REO listing.
Our pre-foreclosure numbers count each property once (even if there are multiple
loans in default or multiple notices recorded per instance of foreclosure). If a
loan goes in and out of default, however, it's included both times.
We hope our internal statistics and insights of what the data means provide an accurate
tool to help you judge foreclosure trends in your community, state or across the
nation.
To learn more about trends in foreclosures, the economy and the housing industry,
please check our blog. We welcome your
feedback. Please let us know how we can help you further.
For expert commentary from Alexis McGee, president of ForeclosureS.com, please contact
Sofia Gutierrez, ForeclosureS.com, 800-310-7730 x190 or
sofia@halldinpr.com.
Contact Us:
Related Links:
ForeclosureS.com
4112 Crestline Avenue.,
Fair Oaks, CA 95628
* ForeclosureS.com is a growing company. Consequently, we are constantly adding
new counties to our foreclosure listings and statistics. Therefore, when looking
at a timeline comparison of state statistics, we only include the counties where
data was available on both the first and the last month of the comparison. We adjust
both the number of filings and the number of households to increase the accuracy
of the numbers.
