February 2010 
There are 2 blog entries for February 2010.
Manatee Foreclosure Statistics
Friday, February 12th, 2010 at 4:20pm. 539 Views, 0 Comments.
Manatee Foreclosure Statistics
Below are the foreclosure and sales statistics for Manatee County for 2009 and January 2010. The number of Lis Pendis and Certificates of Title are taken from the Manatee County Clerk office (Http://ManateeClerk.com). The sales statistics are from MFR MLS for all property types in Manatee County.
Obviously, there are many more foreclosures pending and owned by lenders than are being listed and/or sold. There is a long delay in the court systems. Also, lenders are not agressively persuing the foreclosure process and prefer to let the properties sit in legal limbo.
| Feb. 2010 |
Bank Owned |
Short Sales | All Foreclosures |
ALL Sales |
||
| Active | 295 | 1,088 | 1,383 | 6,056 | ||
| Pending | 202 | 968 |
Sarasota County Bank Foreclosures Increase in Jan 2010
Wednesday, February 10th, 2010 at 11:53am. 467 Views, 0 Comments.
Bank Foreclosures Increase in Jan 2010
Foreclosure activity remained strong for the first month of 2010 in Sarasota County. Several noteable trends continued, and some new ones emerged.
For the 7th consecutive month the number of homes closed as short sales exceeded the number of bank owned properties that closed.
In January 2010 there were 121 short sale closings and 110 bank owned closings.
The number of bank owned pending sales increased dramatically.
I predict in February the number of bank owned closings will surpass short sale closings. This is due to the difference in the time frame to close a short sale compared to a bank owned property. A large number properties that bANKS TOOK title to in Dec. 2009 have been listed and contracted, with…
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