Where the Foreclosure Niche Still Makes Sense
Where the Foreclosure Niche Still Makes Sense
Where the Foreclosure Niche Still Makes Sense
Foreclosures are falling across the country, with inventory plummeting nearly 30 percent year-over-year in August, according to a newly released report by CoreLogic.
Completed foreclosures are now down 69 percent from its September 2010 peak – 37,000 in August compared to 118,221 in September 2010. Home price growth and greater equity is helping more Americans avoid foreclosure, says Frank Nothaft, CoreLogic’s chief economist.
But some markets continue to see elevated numbers of foreclosures. In fact, five states in August 2016 accounted for about 35 percent of completed foreclosures nationally. These five states had the highest number of completed foreclosures in the 12 months ending in August:
- Florida: 55,000
- Texas: 27,000
- Ohio: 23,000
- California: 22,000
- Georgia: 21,000
The following five areas had the highest foreclosure inventory rate in August:
- New Jersey: 3.2%
- New York: 2.9%
- Maine: 1.8%
- Hawaii: 1.8%
- District of Columbia: 1.8%
Source: CoreLogic
Save
admin
For all of your Real Estate needs, place yourself in the competent hands of a career Realtor who is a Philadelphia native and Delaware County resident. Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both.
Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary.
Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that “perfect” property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently.
When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting – or exceeding – his clients’ expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame.
For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania… call Anthony DiDonato.
