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Wednesday, October 24, 2007

Foreclosure Filings Down 8% in September

Here's a piece of news I missed lately. RealtyTrac Inc. reported that foreclosure filings in September fell 8% under August's foreclosure filings nationwide. These filings include notices of default, bank repossessions and auction sale notices.

39 states saw a drop in foreclosure filings. California saw a drop of 11% over August. But with one foreclosure filing every 253 houses, this is mixed news at best for home sellers in Sacramento.

1 comments:

John Lockwood said...

At the risk of appearing like I've gone over to the dark side statistically, you might want to check out the Sellsius blog which has an article about the number of filing days. I haven't looked too much into it but I guess there are some issues with the numbers.

Cheers!