Press Releases from Default Research Inc (7 total)
Las Vegas Notice of Default Numbers Show Historic Drop; Down 90%
Default Research, Inc., one of the nation’s foremost aggregators of pre foreclosure data, reports that Las Vegas – a real estate market starving for good news – in October 2011 experienced one of the largest year-over-year drops in Notice of Default recordings since the company began tracking the Las Vegas housing market nearly a decade ago.
Mount Pleasant, PA, November 18, 2011 -- Default Research, Inc., (www.defaultresearch.com) one of the nation’s…
South Florida Lis Penden Filings Show Market Still Conflicted
South Florida's real estate market, decimated by the on-going real estate crisis, continues to show mixed results based on the latest pre foreclosure filing data compiled by Default Research, Inc. The numbers show that in the 3rd quarter of 2011, Broward County, FL saw Lis Pendens filings decline by a robust 24% compared to the second quarter of this year, while Miami-Dade and Palm Beach Counties saw modest increases in…
South Florida Lis Penden Filings Show Market Still Conflicted
South Florida’s real estate market, decimated by the on-going real estate crisis, continues to show mixed results based on the latest pre foreclosure filing data compiled by Default Research, Inc. The numbers show that in the 3rd quarter of 2011, Broward County, FL saw Lis Pendens filings decline by a robust 24% compared to the second quarter of this year, while Miami-Dade and Palm Beach Counties saw modest increases in…
Default Research is Reporting That LA County’s 42% Decrease in Notices of Defa …
Los Angeles County Notices of Default dropped by 34,862 in 2010, according to data released by Default Research, Inc., a leading pre-foreclosure tracking firm. 48,069 homeowners received notices that their mortgages were seriously delinquent in 2010, down from 82,931 in 2009.
Notices of Default, recorded approximately 90-180 days after a property owner defaults on a mortgage, is the first stage in the California non-judicial foreclosure process. Once this occurs, property owners…
Default Research Inc Reports Year-End Data: Phoenix Foreclosures Drop 6%; Invest …
Year-end foreclosure data for Maricopa County, AZ (Phoenix) show that Notices of Trustee Sales (NTS) in 2010 dropped by 4,106 to 57,776, down from 61,882 in 2009. At the same time, the value of properties dropped by 10%, signaling continued volatility in the Phoenix housing market.
Phoenix led the county with (20,528) NTS, followed by Mesa, 5,755; Glendale, 4,213; Scottsdale, 3,598; and Gilbert, 3,522. While 90% of NTS were single family…
Phoenix Notice of Trustee Sales Fall 13% in August; Evidence of Housing Market I …
Mount Pleasant, Pennsylvania, September 16, 2010 – Maricopa County Notice of Trustee Sales filings fell 13% in August, adding fuel to the belief that the battered Phoenix-area housing market is showing signs of stabilization.
Serdar Bankaci, CEO of Default Research, Inc., said the current Maricopa Notice of Trustee Sales filing figures reflect a growing belief -- held by a broad spectrum of housing experts -- that home prices are no longer…
Los Angeles County Notices of Default Up 33%; Default Research Blames Unemployme …
Mount Pleasant, Pennsylvania, September 15, 2010 – Los Angeles County Notices of Default rose sharply in August to their highest level since September 2009. The numbers – a leading indicator of the health of the Los Angeles housing market – show that 5,323 homeowners were placed on notice by their lenders that their mortgage payments were late.
Notices of Default, issued when mortgage payments are at least 30 days late,…
