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 since 1996, Michael Stark is a Southern California native, and a real estate broker. Michael’s work spans multiple asset types, including homes, condos, multifamily, commercial, industrial, and NNN property throughout Southern California. Michael's reputation for sourcing unique off market properties and seller motivated real estate deals is well known. 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. Michael's website provides a variety of free resources at, along with nearly 500 videos that he produced. Michael earned his B.A from Claremont McKenna College, and his Masters from the London School of Economics. DRE# 01207862.

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