Rick and team at RealtyTrac were kind enough to provide us with the foreclosure data on a county level for Northern New Jersey. A big thanks to RealtyTrac for going out of their way to get this for us. Please take the time to visit their site if you are interested in learning more about foreclosures.
I had asked the folks at RealtyTrac if they could prove me with county data on a month-by-month basis for the past year in order to determine if there was any obvious trend developing. While there seems to be a slight overall rise for the year, it is likely too premature to judge. The spike in October is a bit concerning, however it may likely have something to do with the bankrupcy laws that went into effect that month. I’ll be keeping close tabs on the foreclosure numbers in the upcoming months.
If anyone has any more questions about the data or foreclosures, just post them up and I’ll see if I can get someone from RealtyTrac to answer.