The RealtyTrac numbers are out (again) and sort of (again) they report…..THE FLOODGATES ARE OPEN!
All I can say is….NOT EXACTLY.
I dispute the accuracy of the numbers and the methodology they use to calculate…but hey, I guess we need headlines.
Once again, Tampa Bay has a front seat on the foreclosure train.
The number of bay area properties receiving a notice of default, scheduled auction or bank repossession jumped nearly 38 percent from January to February, according to a RealtyTrac report released today.
Year over year, the jump was a nation-leading 64 percent; Miami placed second with 53 percent.
The numbers offer both good news and bad.
