DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.
Issue link: http://digital.dsnews.com/i/408013
» VISIT US ONLINE @ DSNEWS.COM 89 e remainder of RealtyTrac's investment hot spot list included 6. Lake City, Florida 7. Tampa, Florida 8. Sebring, Florida 9. Baltimore, Maryland 10. Syracuse, New York 11. Vineland, New Jersey 12. Lancaster, South Carolina 13. Hickory, North Carolina 14. Gaffney, South Carolina 15. Mobile, Alabama 16. Macon, Georgia RealtyTrac analyzed data on 586 U.S. counties with a combined population of about 218 million, roughly 71 percent of the country's population. e company looked at such indica- tors as median sales prices for residential homes and average fair market rents for three-bedroom houses. e average fair market rent divided by the median sales price of residential properties for Q 3 comprised the annual gross rental yield, which was used to calculate rental returns. Oklahoma RANK: 15 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2014 2.04% 2.05% 4.7 YEAR AGO 2.10% 2.47% 5.6 YEAR-OVER-YEAR CHANGE -2.9% -16.8% -0.9 Top County ADAIR COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 3.79% 7.47% YEAR AGO 3.21% 11.72% YEAR-OVER-YEAR CHANGE 17.9% -36.3% Top Core-Based Statistical Area MCALESTER, OK 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 3.49% 3.72% YEAR AGO 1.93% 4.38% YEAR-OVER-YEAR CHANGE 81.0% -15.1% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the August 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary August 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. South Carolina RANK: 20 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2014 2.31% 1.86% 6.4 YEAR AGO 2.25% 2.74% 7.5 YEAR-OVER-YEAR CHANGE 2.7% -32.1% -1.1 Top County DILLON COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 5.33% 5.25% YEAR AGO 5.53% 3.97% YEAR-OVER-YEAR CHANGE -3.7% 32.0% Top Core-Based Statistical Area ORANGEBURG, SC 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 5.20% 3.20% YEAR AGO 4.46% 5.20% YEAR-OVER-YEAR CHANGE 16.5% -38.5% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the August 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary August 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. THE LEADER IN DEFAULT SERVICING NEWS Help shape the next issue of DS News. Drop us a line at Editor@DSNews.com. Tennessee RANK: 36 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2014 3.20% 0.93% 7.4 YEAR AGO 3.38% 1.08% 8.4 YEAR-OVER-YEAR CHANGE -5.4% -13.9% -1 Top County TROUSDALE COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 2.00% 2.36% YEAR AGO 4.46% 0.94% YEAR-OVER-YEAR CHANGE -55.3% 150.0% Top Core-Based Statistical Area LEWISBURG, TN 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 4.53% 1.60% YEAR AGO 4.88% 1.24% YEAR-OVER-YEAR CHANGE -7.2% 29.0% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the August 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary August 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Tennessee All Stars Realty 2857 Shelby Street, Bartlett, TN 38134 901-674-7653 cell 901-387-1199 offi ce 901-432-5445 fax ritadriver1@gmail.com www.driverteam.net Rita Driver President – Principal Broker North Carolina tied with Oregon for the largest year-over-year increase in scheduled foreclosure auctions (85 percent for each) in Q3 2014, according to RealtyTrac. KNOW THIS Tennessee's ranking among states for percentage of housing units in foreclosure. Tennessee had 3 percent, while the national average was 8 percent. Source: RealtyTrac STAT INSIGHT 38