Foreclosure Market Trends – July 2014

Jan Delimont

10 years ago

Nationwide Agent Network

Jan Delimont

REMAX South Coast

, ,

“I am available to assist you in purchasing a foreclosure property or another property best suited to your needs. Buying or selling, I am here to act as your local real estate specialist.”

Phone: 541-290-1850

Email: jan@coosbayproperties.com

License #: 2005083

July 2014 Volume 8, Issue 8

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6 month Oregon Foreclosure Trends

NOD

NTS

NFS

LIS

REO

Search for Investment Properties>

Will Big Data Transform Real Estate?

Traditionally, residential real estate was an old-school business controlled by franchised brokerages and local multiple listing services (MLSs). But an explosion of third-party, open data websites is changing the way consumers search, buy and sell real estate. Complete Story

U.S. Foreclosure Decreases 2 Percent in June to Lowest Level Since July 2006, Before Housing Bubble Burst

By RealtyTrac Staff

A total of 107,194 U.S. properties had a foreclosure filing in June, down 2 percent from the previous month and down 16 percent from a year ago to the lowest level since July 2006. Total foreclosure activity in June was the lowest since the housing bubble burst in August 2006 in 10 states, including Texas, Georgia, Colorado, Tennessee, Arizona and Nevada. Complete Story

Here are some of the most recent Investment opportunities in the area.

Bank-Owned

N Vernon St
Coquille,
OR 97423

Amount
N/A
Beds/Bath
Sq. FT
3/1
1,152

Property Type	Address	Amount	Default	Sq. Ft.
Auction Auction Date: 8/25/14	20th St SE, Bandon, OR 97411	N/A	$178,757	0	GET DETAILS

View more properties in Coos County

What Homes Are the Best Real Estate Deals and Where to Find Them

By Daren Blomquist, RealtyTrac Vice President

Last week RealtyTrac released an analysis of what profiles of properties offer the best potential for discount, and which markets have the most properties matching those hot discount profiles. Complete Story

Foreclosure Trends : May, 2014

National		Oregon	Coos CTY
NODs	7,245	0	0
NTSs	20,304	331	4
NFSs	26,781	383	11
LISs	27,121	173	0
REOs	28,373	258	0

Notice of Default (NOD)

A non-judicial document filed by a trustee that starts the foreclosure process. More about NOD

Lis Penden (LIS)

Notification of pending lawsuit. A judicial document filed by an attorney or trustee that starts the foreclosure process. More about LIS

Auction / Notice of Trustee's Sale (NTS)

A filing by notice announcing a public auction. More about NTS

Notice (Judgment) of Foreclosure Sale (NFS)

An order signed by a judge directing to sell the property at public auction. More about NFS

Real Estate Owned (REO)

The final step in foreclosure process in which property ownership returns to lender. More about REOs