Santa Barbara, CA Dec 10, 2009 -- RealtyStore (http://www.realtystore.com) recorded 11,698 Notices of Default (NOD) in Illinois in November 2009; nearly double the 5,797 figure for November 2008. Such notices are posted when a homeowner is significantly behind on his mortgage payments and a foreclosure may take place if the balance is not paid.

Santa Barbara, CA (RealtyStore) February 27, 2009 – RealtyStore (www.realtystore.com), the nation’s leading provider of foreclosure listings, released its Arizona Foreclosure Report.

Despite a decrease in foreclosure activity from December 2008, Arizona continues to register one of the highest foreclosure rates in the nation, with one in 182 homes being foreclosed upon in January 2009. RealtyStore.com recorded 10,001 auction notices statewide for January 2009, representing a 9% decrease from those recorded in December 2008; however, this figure is still 17% above January 2008 at 8,563 auction notices. An auction notice, also known as a Notice of Trustee Sale (NTS) or Notice of Foreclosure Sale (NFS), is filed by the lending institution when a homeowner fails to cure their default. This is the second stage of foreclosure where the lender formally records its intent to sell the property through a public auction.

Santa Barbara, Nov 28, 2008 – RealtyStore (www.realtystore.com), the nation’s leading provider of foreclosure listings, released its quarterly Nevada Foreclosure Report.

RealtyStore.com recorded 20,190 notices of default (NODs) and 14,361 auction notices statewide for Q3 2008. This was a 109% and 187% increase respectively from those recorded in Q3 2007. An NOD is filed by the lending institution, when a homeowner falls behind on mortgage payments. NODs provide important information about which homeowners have home loans they cannot afford. An auction notice, also known as a Notice of Trustee Sale (NTS), is filed by the lending institution when a homeowner fails to cure their default. This is the second stage of foreclosure where the lender formally records its intent to sell the property through a public auction.

Default notices in Illinois up 26% from July 2008 and 37% from August 2007

Santa Barbara, September 15, 2008 – RealtyStore (www.realtystore.com), the nation’s leading provider of foreclosure listings, released its monthly Illinois Foreclosure Report.

This Canadian news report summarizes the U.S. real estate market. If you are considering investing in Canadian real estate independently of, or in addition to, U.S. real estate, you might find this video doubly interesting. The host and co-host also cover a some invaluable investment tips applicable to sellers, regardless of regional location.