With bank repossessions down to their lowest levels since July 2007—an 80-month low—banks now seem to be
focused on properties that have been in foreclosure limbo for a long time. Despite the general decrease, 29 states
posted annual increases in foreclosure auctions. There are still nearly half a million homes that have already been
foreclosed that need to be sold, half of which are still occupied even after the foreclosure is finalized. This month's
State of Affairs section offers an overall look at the market based on important industry factors. In the following
pages, state markets are divided by regions so that you can quickly find the areas that are important to you and
compare the information to what is happening across the country so that you have a full picture of the health of the
industry at large and in your state. In the Northeast, Midwest, South, and West, there are owners, buyers, investors,
vendors, and others all looking to improve their local economies and protect their investments. Take a look at the
full scope of the marketplace from coast to coast and specifically in your region.
Note: The state-by-state trends are based on a compilation
of January 2014 real estate public records data and proprietary
mortgage loan performance transactions provided by LPS
Data & Analytics as well as a preliminary unemployment rate for
January 2014 based upon public information from the Bureau
of Labor Statistics.
Black Knight Financial Services Data & Analytics is a trusted resource for mortgage lenders,
servicers and investors—providing market-leading data and analytics solutions to help them succeed. These
offerings allow professionals to improve performance, proactively identify risk, create mitigation strategies
and accurately estimate collateral value. An integral part of parent company BKFS' end-to-end solution suite,
BKFS Data & Analytics products include: property, MLS and mortgage performance data, mortgage and real
estate analytics, lead generation, portfolio monitoring and analytics, valuations and property tax reporting.
To learn more about BKFS visit BKFS.com.
P R E S E N T S
of Affairs
