Foreclosures.Com Current Statistics
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
.
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* Foreclosures.com is always expanding its coverage. 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.