foreclosure press release

2009 Illinois Foreclosure Notices More Than Double From 2008

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.

California Foreclosure Report - Foreclosure Notices up 17 Percent from '08

Santa Barbara, CA August 30, 2009 -- RealtyStore (www.realtystore.com), the nation's leading provider of foreclosure listings, released its year-to-date California Foreclosure Report for 2009.

Oregon Foreclosure Report - 2009 Oregon Foreclosures Nearly Double From 2008

Santa Barbara, CA July 14, 2009 -- RealtyStore (www.realtystore.com) recorded 6,906 Notices of Trustee Sale (NTS) in Oregon year to date; nearly double the figure from the first half of 2008, and more than triple that for the same period in 2007. Such notices are posted when a property is formally scheduled for public auction through foreclosure proceedings.

Foreclosure notices in Arizona down 9% from December 2008 but up 17% from January 2008

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.