Realty Trac Market Report for March 5th, 2011.

1. Phone: 970-689-2721 | Email: zitney@msn.com
Shannan Zitney, CDPE I am available to assist you in purchasing or selling Short
Re/Max Action Brokers Centerra Sale and Bank Owned (REO) property in Northern Colorado.
340 N 2nd Street Lets get started, call me today!
Berthoud, CO 80513
February 2011 Vol. 5, Issue 5
Record 2.9 Million U.S. Properties Receive
6 month National Foreclosure Trends Foreclosure Filings in 2010 Despite 30-Month Low
in December
Foreclosure filings — default notices, scheduled auctions
and bank repossessions — were reported on a record
2,871,891 U.S. properties in 2010, an increase of nearly 2
percent from 2009 and an increase of 23 percent from
2008, according to the RealtyTrac U.S. Foreclosure Market
Report. The report also shows that 2.23 percent of all U.S.
housing units (one in 45) received at least one foreclosure
filing during the year, up from 2.21 percent in 2009, 1.84
percent in 2008, 1.03 percent in 2007 and 0.58 percent in
2006.
NOD NTS NFS LIS REO
Are New Foreclosure Here are some of the most recent Investment opportunities in the area.
Rules Coming From
Washington? Pre-Foreclosure
There are new rumblings in
Bennet Rd
Washington and perhaps a Berthoud
growing consensus regarding CO, 80513
how to end the foreclosure
mess. The solution? Change the Amount
rules. This is big stuff for those $321,492
with an interest in buying Beds/Bath
foreclosures. The latest 3/2
quarterly figures from Sq. FT
RealtyTrac show that foreclosed 2,039
properties represent one in four
sales nationwide and that
distressed properties are Property Type Address Amount Default Sq. Ft.
typically selling with a 32
percent discount. But what
Auction Center Ridge Dr,
happens to foreclosure values $1,010,774 N/A 4,969
Berthoud, CO 80513
and local real estate prices if
the supply of distressed
properties is reduced? With
fewer distressed properties
local home prices in many
areas would likely stabilize if
not actually rise.
FORECLOSURE TRENDS : DECEMBER 2010 Proposed Foreclosure Protections Could Close Title Gaps
If a few Virginia lawmakers have their way, the business of selling
NATL CO LARIMER CTY mortgage-backed securities worldwide could radically change,
NODs 36,935 28 0 property titles would be more certain, foreclosures would always be
reviewed by a judge and maybe — just maybe — the cost of
NTSs 88,483 3,512 148 mortgage financing would soar. How is it possible for a few state
officials to completely tilt the financial system? To answer this
NFSs 23,699 0 0
question — and to see why Wall Street is beginning to shudder —
LISs 38,783 0 0 we have to look at how mortgages are made.
REOs 69,847 1,583 78