Foreclosure Activity Decreases 8% in September

RealtyTrac released its September 2007 U.S. Foreclosure Market Report today. Here are the highlights: (1) U.S. Foreclosure activity was down 8 percent from August, (2) U.S. Foreclosure activity was up 99 percent from Sep 2006, (3) Foreclosure rate was one foreclosure filing for every 557 U.S. households, (4) Nevada, Florida, California registered top three state foreclosure rates, (5) Top 10 metro foreclosure rates were mostly in California and Florida cities, along with Las Vegas and Detroit. Read More.

About Michael Stark

Licensed in both Nevada and California, Michael specializes in commercial, industrial, triple net, and residential income property sales. Since 1996, Michael’s specialty has been as a buyer’s broker and tenant's broker. Michael is best known for his custom tailored service helping 1031 investors find replacement properties. Another core specialty is helping sellers market and maximize the return on their property. From 2010 to 2020, Michael served as the Program Chairman of RIAOC (Realty Investment Association of California) booking over 400 speakers. Michael also served as a board member of the Newport Beach Association of Realtors MLS Committee. NV Broker Salesperson License #0146705, CA Broker License #01207862

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By Michael Stark | October 11, 2007 | Categories: Blog, Miscellaneous |