When compared to January and February of 2009 to January and February 2010 all of the foreclosure numbers look better. In 2009 foreclosures in January and February when compared to home sales (recorded deeds) foreclosures represented 16.31%, and in January and February of 2010 the number was down to 14.70%.
Notice of Default filed for the first two months of 2010 were down in January by 39% and in February by 37%, there was a total of 6,760 filed for the period in 2009 and 4,213 filed in the county during the same period of 2010 down by 38%.
Trustees Deed (Foreclosures) filed for the first two months of 2010 were down in January by 14% and in February by 16%, there were a total of 2,691 filed for the period in 2009 and 2,281 filed in the county during the same period of 2010 down by 15%
The other side of the coin is that the number of home sales is up for both January and February of 2010 over 2009 and the Median home price has edged up for another month in February and the higher end homes sales increased in January and the pulse of the market while not rapid seems strong. While January and February are not always reliable predictors for the year's market the last two months seem to be cautiously moving in a positive direction.
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