BOCA RATON, FL – According to data released today by Foreclosure.com, a total of 93,440 foreclosed residential properties were available for sale in the U.S. during August. This represents a 3 percent increase from the 90,611 foreclosed properties available for sale during July. The total number of new foreclosures in August was 24,328, which was a decline from July.
“Foreclosure inventory has been steadily increasing since May, representing a slowdown in the purchase of foreclosed homes,” said Brad Geisen, president and CEO, Foreclosure.com. “This trend of sustained high inventory presents a strong investment opportunity for buyers, as lenders are challenged with greater holding and disposition costs the longer that they have to hold on to a property.”
ALASKA
Total Properties: 62
New Foreclosures: 11
ALABAMA
Total Properties: 2014
New Foreclosures: 536
ARKANSAS
Total Properties: 937
New Foreclosures: 302
ARIZONA
Total Properties: 1020
New Foreclosures: 197
CALIFORNIA
Total Properties: 796
New Foreclosures: 194
COLORADO
Total Properties: 6528
New Foreclosures: 882
CONNECTICUT
Total Properties: 136
New Foreclosures: 50
DISTRICT OF COLUMBIA
Total Properties: 8
New Foreclosures: 0
DELAWARE
Total Properties: 71
New Foreclosures: 31
FLORIDA
Total Properties: 898
New Foreclosures: 302
GEORGIA
Total Properties: 6798
New Foreclosures: 1974
HAWAII
Total Properties: 12
New Foreclosures: 2
IOWA
Total Properties: 991
New Foreclosures: 216
IDAHO
Total Properties: 352
New Foreclosures: 113
ILLINOIS
Total Properties: 3984
New Foreclosures: 971
INDIANA
Total Properties: 5031
New Foreclosures: 1406
KANSAS
Total Properties: 1135
New Foreclosures: 333
KENTUCKY
Total Properties: 1653
New Foreclosures: 441
LOUISIANA
Total Properties: 1103
New Foreclosures: 354
MASSACHUSETTS
Total Properties: 163
New Foreclosures: 54
MARYLAND
Total Properties: 471
New Foreclosures: 198
MAINE
Total Properties: 96
New Foreclosures: 28
MICHIGAN
Total Properties: 7422
New Foreclosures: 1832
MINNESOTA
Total Properties: 1061
New Foreclosures: 319
MISSOURI
Total Properties: 2556
New Foreclosures: 749
MISSISSIPPI
Total Properties: 1278
New Foreclosures: 336
MONTANA
Total Properties: 137
New Foreclosures: 32
NORTH CAROLINA
Total Properties: 3947
New Foreclosures: 1016
NORTH DAKOTA
Total Properties: 52
New Foreclosures: 17
NEBRASKA
Total Properties: 550
New Foreclosures: 132
NEW HAMPSHIRE
Total Properties: 55
New Foreclosures: 10
NEW JERSEY
Total Properties: 360
New Foreclosures: 158
NEW MEXICO
Total Properties: 533
New Foreclosures: 182
NEVADA
Total Properties: 254
New Foreclosures: 65
NEW YORK
Total Properties: 1961
New Foreclosures: 601
OHIO
Total Properties: 8192
New Foreclosures: 2083
OKLAHOMA
Total Properties: 1784
New Foreclosures: 473
OREGON
Total Properties: 717
New Foreclosures: 185
PENNSYLVANIA
Total Properties: 3423
New Foreclosures: 974
RHODE ISLAND
Total Properties: 10
New Foreclosures: 5
SOUTH CAROLINA
Total Properties: 2751
New Foreclosures: 870
SOUTH DAKOTA
Total Properties: 135
New Foreclosures: 41
TENNESSEE
Total Properties: 4539
New Foreclosures: 1052
TEXAS
Total Properties: 12,920
New Foreclosures: 3319
UTAH
Total Properties: 1382
New Foreclosures: 538
VIRGINIA
Total Properties: 589
New Foreclosures: 175
VERMONT
Total Properties: 30
New Foreclosures: 8
WASHINGTON
Total Properties: 1121
New Foreclosures: 188
WISCONSIN
Total Properties: 840
New Foreclosures: 227
WEST VIRGINIA
Total Properties: 500
New Foreclosures: 125
WYOMING
Total Properties: 59
New Foreclosures: 18
About Foreclosure.com
Based in Boca Raton, Florida, Foreclosure.com is committed to delivering the most comprehensive, up-to-date database of residential foreclosure, pre- foreclosure, bankruptcy, FSBO and tax lien listings in the United States to its customers and business partners through its cost-effective, Web-based subscription service. Through the company’s work with hundreds of the top lending institutions and government agencies, Foreclosure.com has access to the nation’s largest inventory of residential foreclosure real estate, including Real Estate-Owned (REO) properties; Department of Housing and Urban Development (HUD), Department of Veterans Affairs (VA), Fannie Mae, and other government agency and financial institution properties; as well as listings from an extensive network of corporate sellers. On the Net: http://www.foreclosure.com
