U.S. Foreclosure Heat Map for January 2010
RealtyTrac just released its report for January foreclosure activity. It shows a 10 percent decrease in overall activity from a spike in December, and it shows increasingly splintered foreclosure trends -- between different states and also between different stages of the foreclosure process. For example, REO activity was up 31 percent from a year ago nationwide while default notices were up just 4 percent from a year ago nationwide. But in Nevada -- the state with the highest foreclosure rate for the 37th month in a row -- REO activity was down 30 percent from a year ago while default notices were up 8 percent from a year ago.
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