Wednesday, October 05, 2011

September statistics

The mainstream media is full of reports of a rise in foreclosures, but that's not shown up here as of yet.  In fact, quite the opposite is true.  The 33 orders of notice filed in September 2011 represent a 79% decrease from the 155 filed in September 2010.  Foreclosure deeds are also down, dropping from 56 in 2010 to 38 in 2011, a drop of 32%.

Another bright spot is the increase in the number of deeds recorded.  The 468 we saw recorded this September is a 10% increase over the 426 from last year.  Unfortunately, mortgages continue to lag.  In September 2010 there were 1393 but in September 2011 there were only 1098, a decline of 10%.

Now that we are three-quarters of the way through 2011, I can offer combined statistics for the first three quarters of the year:

Deeds: In 2010 (January through September) there were 4001; for the same period of 2011 there were 3838, a decline of 4%.

Mortgages: In 2010 (January through September) there were 8973; for the same period of 2011 there were 8001, a decline of 11%.

Foreclosure Deeds: Deeds: In 2010 (January through September) there were 518; for the same period of 2011 there were 317, a decline of 39%.

Orders of Notice: In 2010 (January through September) there were 973; for the same period of 2011 there were 534, a decline of 45%.

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