(Source: DS News) RealtyTrac released its U.S. Foreclosure Market Report for January, 2014. The report noted an 8 percent increase of reported properties from the previous month, citing 124,419 properties in foreclosure filings.
Quick REO Facts
- This was the largest monthly increase since May 2012!!!
- January foreclosure starts increased from a year ago in 22 states.
- States with the highest foreclosure rates in January were Florida, Nevada, Maryland, Illinois, and New Jersey.
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Peter Janisch specializes in short sales in Short Sale Realtor. I am your Short Sale Realtor Short Sale Specialist Realtor and Short Sale Realtor loan modification and distressed property expert. This article and content is for general informational purposes and may not be accurate. This should not be taken as legal advice, technical or tax advice under any circumstance. Seek legal advise and representation in all legal matters.