Defaultresearch.com - Default Research Inc Company News Section
Default Research Inc Information
Josh Chernikoff
Phone: 8882118396
URL: http://www.defaultresearch.com
Default Research is the nations leading foreclosure research company. Default Research provides Notice of Defaults, Lis Pendens and Notice of Trustee Sales in various states around the country.
Phoenix led the county with (20,528) NTS, followed by Mesa, 5,755; Glendale, 4,213; Scottsdale, 3,598; and Gilbert, 3,522. While 90% of NTS were single family homes, 5.0% were condominiums and 2% were commercial properties.
The 5 California cities hardest hit by Notices of Default in 2010 are Los Angeles 9,010; Long Beach, 2,334; Palm Dale, 2,119; Lancaster, 2,077; and Whittier, 1,094.
Maricopa County Notice of Trustee Sales filings fell 13% in August, adding fuel to the belief that the battered Phoenix-area housing market is showing signs of stabilization.
Los Angeles County Notices of Default rose sharply in August to their highest level since September 2009. The numbers - a leading indicator of the health of the Los Angeles housing market - show that 5,323 homeowners were placed on notice by their lenders that their mortgage payments were late.
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