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Foreclosure statistics

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Charlie

Junior Member
Joined
Feb 26, 2002
Professional Status
Certified Residential Appraiser
State
Virginia
Hello everyone,

Happy Memorial Day! I am looking for some good places to find foreclosure statistics. It seems like many articles I read use realtytrac.com as the source. However, I do not seem to have much luck getting data from that site. Maybe I am missing something or need to be a paying member.

I would love something where I could get data to create graphs of...
# of foreclosures per year in the nation
# of foreclosures per year in the state of Virginia
# of foreclosures per year and per month for various cities in the Hampton Roads area of Virginia.

Any other available data sources that have foreclosure rates/ratios/general data would be helpful.

Thanks in advance. Charlie Darling
 
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Randolph Kinney

Elite Member
Joined
Apr 7, 2005
Professional Status
Retired Appraiser
State
North Carolina
You can access the county recorder online here in San Diego. You can do a search of NOD (notice of default), NOT (notice of trustee sale) or other types of property transfers.

This is how Realtytrack and others get their data.
 

Financially Feasible

Senior Member
Joined
Jun 25, 2007
Professional Status
Certified General Appraiser
State
Pennsylvania
http://www.realtytrac.com/

It's like $40/month. I like the site for current foreclosures as it gives a lot of good data if you're a member. I don't know about historical information, though... never checked that out.
 

Charlie

Junior Member
Joined
Feb 26, 2002
Professional Status
Certified Residential Appraiser
State
Virginia
Thanks for the responses so far everyone.

I like the idea of going to the various cities directly (searching for the number of NODs , NOTs and other types of property transfers). Would not be suprised if I end up having to go this route for the numerous cities I cover.

I have been to realtytrac.com, foreclosure.com and foreclosures.com numerous times. It seems very difficult to get any historical information from those sites. If you are looking for info on current foreclosures then there is plenty of that info available. Could be that I am just missing something.

I had not been to the the FirstAmerican/Corelogic website so thanks for posting that link. The nationwide core mortgage risk monitor graphic for the 2nd quarter of 2008 classifies most of my coverage areas as high economic risk.
 
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Joyce Potts

Elite Member
Supporting Member
Joined
Feb 6, 2005
Professional Status
Certified Residential Appraiser
State
Florida
In the old days, a short sale was unheard of. Nowadays the short sales have skewed the foreclosure statistics, IMO--and here's why.

Not sure about my home state of Virginia, but in Florida, foreclosures are counted by the number of lis pendens filed.

Because there are so many negotiated short sales going on, the lenders are holding back on filing the lis pendens or the initiating the foreclosure proceedings, thus I'm convinced the foreclosure reportings are under reported or inaccurate.
 

CURT VAN HOOSER

Senior Member
Joined
Nov 3, 2003
Professional Status
Licensed Appraiser
State
California
You can access the county recorder online here in San Diego. You can do a search of NOD (notice of default), NOT (notice of trustee sale) or other types of property transfers.

This is how Realtytrack and others get their data.

Mr. Kinney, do you have the exact link to the San Diego County Recorder? I would appreciate it when you have the time.
 
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