
It's time to talk about the foreclosure data for the month of April 2010. If you have a specific question about foreclosures in Washington State, please let me know so that I may help you find the data you are looking for.
According to Realty Trac, the trusted national foreclosure trend reporting company, the April 2010 data shows that Washington State ranks #20 in the list of 50 states with foreclosures, #1 being the state with the most foreclosures. Today's data shows there were 4,365 properties in foreclosure in Washington State in April. This number translates to 1 out of every 639 housing units in foreclosure. The definition of Housing Units is "stick-built single-family houses, condominiums and townhouses."
Month's End, April 2010:
- King County had 1,282 properties in foreclosure, which means 1 out of every 649 housing units is in foreclosure.
- Pierce County had 805 properties in foreclosure, which means 1 out of every 399 housing units is in foreclosure.
- Snohomish County had 675 properties in foreclosure, which means 1 out of every 415 housing units is in foreclosure.
Our neighbors in Oregon had 3,813 homes in foreclosure which is 1 out of every 421 housing units in foreclosure. Oregon ranks 23rd in the nation for homes in foreclosure.
Here are the top five states in the U.S. with properties in foreclosure, according to the data published this month by RealtyTrac.
- California continues to report the most number of properties in foreclosure in the nation: 69,725, which means 1 out of every 185 housing units is in foreclosure. This number is 23,448 LESS than March 2010.
- Florida had 48,384 properties in foreclosure, which means 1 out of every 181 housing units is in foreclosure.
- Michigan had 19,173 properties in foreclosure, which means 1 out of every 236 housing units is in foreclosure.
- Illinois had 18,870 properties in foreclosure, which means 1 out of every 279 housing units is in foreclosure.
- Nevada had 16,217 properties in foreclosure, which means 1 out of every 69 housing units is in foreclosure - yikes.
I was surprised Arizona did not make the top five - they were bumped from position three in March to sixth in the nation in April for foreclosure volume.
Would you like to have a list of all the homes that are ABOUT to be foreclosed upon in any given ZIP code? How about the top 5 hottest foreclosure or bank-owned homes for sale in King County? Please contact me and I'll be happy to assist you - I'm here to help!