March Sarasota County Foreclosure drop to lowest number since Sept. 2007

Sarasota Foreclosures.com

Tuesday, April 6th, 2010 at 9:58am. 834 Views, 1 Comments.

March Lis Pendis filings under 500

When I posted the sales and foreclosure filings for Sarasota County last week I noticed a huge dropn in the number of Lis Pendis filed.   I pull these numbers from the Sarasota Clerks website every month on the second or third.  I was very optimistic, but waited cautiosly to see if there would more filings recorded after the holiday weekend. 
The number of recorded Lis Pendis, for the month of March, in Sarasota County, has not changed since the second,so I can believe that 456 Lis Pendis filings for Sarasota County is an accurate number for March 2010. 

There have been more than 500 Lis Pendis filed on properties in Sarasota County every month since Sept. 2007. With 456 Lis Pendis recorded in March 2010 this is the…

Read Full Post »

Sarasasota Foreclosure and Sales Statistics March 2010

Sarasota Foreclosures.com

Friday, April 2nd, 2010 at 11:51am. 495 Views, 1 Comments.

Sarasasota Foreclosure and Sales Statistics March 2010

Sales increases, new foreclosures decrease!

Last month showed some very encouraging news toward the stabilization of the Sarasota real estate market.
The number of foreclosure filings (Lis Pendis) dropped significantly.  In fact at 456 Lis Pendis for March of 2010, this is the lowest number in over 18 months.  Possible many were filed the last day and are not yet online.  However, I am posting these figure as there filings online from the 31st.

•  983 Sales in March 2010 a 29% increase from 762 sales in March 2009

• 456 LP in March 2010 a 52% decrease from 875 LP in March 2009

• 366 COT in March 2010 a 369% increase from 99 COT in  March 2009

• More "Short Sale" closings than "REO/Bank Owned"…

Read Full Post »