Real Estate Bubble

[split710]

The National foreclosure/sales trend

with many "If's"

May sales were not good at all and well below the YTD % of sales.
"IF" this continues, the trend is on a pace for 3,766,920 foreclosures nation wide with 828,998 being sold (22%)


National trend..May..........YTD
New Filings...321,480......1,569,550
Sales.................31,598........345,416
31,598 = 9.82% sales of May filings
345,416 = 22%..sales YTD

" If " the Massachusetts trend continues......there will be approximately 42,840 filings for the year with 9,891(23.09%) being sold. Not to encouraging IMO

Mass. trends...May...........YTD
New Filings...3,621.........17,850
Sales..................196...........4,122
196 = 5.41%
4,122 = 23.09%
http://www.realtytrac.com/states/Massachusetts.html