ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN MOBILE AL – 05/02/2012

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN MOBILE AL – 05/02/2012

Your FREE ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN MOBILE AL – 05/02/2012 list has been posted.

CLICK HERE FOR YOUR PERSONALIZED REPORT OF ACTIVE REAL ESTATE FORECLOSURES

OR visit http://www.PropertiesInMobileAL.com/search

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN MOBILE AL

These are Single Family Homes ‘Active’ on the Birmingham MLS. These homes are ripe for the picking. DO NOT LET THEM PASS YOU BY…ACT NOW….BEFORE IT IS TOO LATE!!!

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN MOBILE AL

I hope you have an awesome day, packed with smiles while searching for your active Mobile AL Real Estate Dream.

Foreclosure filings hit their lowest level in more than four years in the first quarter. Default notices, were filed on 572,928 properties in the first quarter, the lowest number of filings since fourth-quarter 2007, when 527,740 properties received filings.

Last quarter’s foreclosure activity was down 2 percent from the fourth quarter and 16 percent from first-quarter 2011.  On an annual basis, foreclosure activity fell 17 percent in March. The low foreclosure numbers in the first quarter are not an indication that the massive reservoir of distressed properties built up over the past few years has somehow miraculously evaporated.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN MOBILE AL

There are hairline cracks in the dam, evident in the sizable foreclosure activity increases in judicial foreclosure states over the past several months, along with an increase in foreclosure starts in many judicial and non-judicial states in March. The dam may not burst in the next 30 to 45 days, but it will eventually burst, and everyone downstream should be prepared for that to happen — both in terms of new foreclosure activity and new short-sale activity.”

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN MOBILE AL

States that use the non-judicial foreclosure process lead the nationwide decline in foreclosure activity, RealtyTrac said. Those 24 states and Washington, D.C., saw foreclosure activity drop 8 percent from the fourth quarter and 28 percent from first-quarter 2011.  Several non-judicial states saw significant year-over-year drops in activity in the first quarter: Arkansas (79 percent), Nevada (62 percent), Washington (55 percent), Arizona (41 percent), Texas (31 percent), and California (21 percent).

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN MOBILE AL

By contrast, foreclosure activity rose 8 percent quarter to quarter and 10 percent year over year in the 26 states that mainly use the judicial foreclosure process.  Judicial states that posted some of the biggest annual increases include Indiana (45 percent), Connecticut (38 percent), Massachusetts (26 percent), Florida (26 percent), South Carolina (26 percent), Pennsylvania (23 percent).

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s