Foreclosure Rates and Statistics

Listings in Top 5 States | Listings in Top 10 Cities | Prices in Top 5 States | Prices in Top 10 Cities

% of Foreclosure Listings in the Top 5 States by Month

Today we have states that offer some possibilities of foreclosures in the market. California is the number one and this month registered 151,776 properties in foreclosure, this represents a increase of 6.74% in comparison to last month. California is followed by Florida with 123,165 foreclosed homes in this February they had more properties available in January, a 10.95% of difference. It's a similar situation of Georgia, the state has now 107,168 a gain comparing the last month, which means 8.86% up. In Michigan, we saw a difference of 15.14% up. There are 64,379 foreclosure this month and 55,913 in the last one. To finish our top list, Texas brought positive stats: 44,404 foreclosures in February against 39,525 in January - this mean a increase of 12.34%.


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Price of Foreclosure Listings in the Top 5 States by Month

Keeping with these states, we give you a report in relation of prices. Georgia didn't changed a lot in relation to last month. Nowadays, prices are over 400,867, a decrease of 6.75%. This is the same scenario in Michigan, that had a huge drop of 11.67%. In January was a $404,290, but now we have $357,099. Texas comes next, the state registered an down in the value of properties in foreclosure. The 6% change means that in January, the prices are up to $243,228 and now we can see numbers like $228,636. In California, the scenario changed to a negative side. A rise of 1.24% in the price, since we have $203,582 nowadays against $201,095 last month. To end the list, the informations about Florida are good. We see a change of -3.32% due to the cheap value of foreclosed homes. In January we had $149,842 and now $144,861.


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% of Foreclosure Listings in the Top 10 Cities by Month

In relation to cities in United States, there are some stats about the top five in the moment. In the first position, Chicago had this month a number of 926 properties in foreclosure, an increase of 6.31% by taking last month as a comparison. Phoenix follows in second, with a up of 2.85% and having now 866 foreclosed homes available. In third, Las Vegas came up this month with 769 foreclosures, registering more 10.49% of homes in foreclosure since last month. With a small increase of 5.93% from January, Atlanta ended up with 661 foreclosures in the market in February and the 4th position. To end the top5 list, Miami registered 530 foreclosures this month, representing a gain of 5.58% comparing to last one.


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Price of Foreclosure Listings in the Top 10 Cities by Month

By taking this top5 and talking about prices, we have Detroit offering properties in a medium price of $327,935 this month, representing a 5.55% down in comparison to last month. In Brooklyn, situation is different since there is a increase of 5.55% comparing last month and the prices now are in a medium of $309,884. The third position, Los Angeles, registered value of $235,757 in their properties. This means more 2.99% using this month and the last one. In Miami, the medium home price in January was $138,339. Now, stats point a value of $137,550 a small drop of 0.57%. Last but not least, Houston have properties with a medium price of $134,204. This is 5.55% cheaper than last month.


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Site Listings

Foreclosures: 560,936

Short Sales: 488,045

Auctions: 561,793

Brokers Listings: 484,045

Total: 2,094,819

Mortgage Rates