RISMEDIA, March 8 – Some 18,824
new foreclosed residential properties were listed for
sale in the U.S. during February 2005, according to
Foreclosure.com.
The total number of U.S.
residential foreclosure properties available for sale in
the U.S. during the month of February was 72,877.
Compared to January 2005, these numbers indicate a seven
percent drop in inventory for both new foreclosures and
the total number of foreclosures available for sale in
the U.S.
"Following a year of heavy growth in
foreclosure inventory levels in many parts of the
county, foreclosures have leveled off in the first two
months of 2005. The seven percent drop in both new and
total foreclosures in February can largely be attributed
to the short month," said Brad Geisen, president and
CEO, Foreclosure.com. "Many states with historically
high inventories such as Texas, South Carolina,
Pennsylvania, Missouri and Florida saw a higher than
average decline in February. As a result of this
decline, prospective homebuyers should track new
foreclosures on a daily basis in order to identify
strong property investment opportunities as soon as they
arise."
ALASKA
Total Properties: 44
New
Foreclosures: 9
ALABAMA
Total Properties:
1825
New Foreclosures: 562
ARKANSAS
Total Properties: 833
New Foreclosures: 195
ARIZONA
Total Properties: 605
New
Foreclosures: 176
CALIFORNIA
Total
Properties: 109
New Foreclosures: 34
COLORADO
Total Properties: 2435
New
Foreclosures: 694
CONNECTICUT
Total
Properties: 186
New Foreclosures: 63
DISTRICT OF COLUMBIA
Total Properties: 20
New Foreclosures: 5
DELAWARE
Total
Properties: 87
New Foreclosures: 23
FLORIDA
Total Properties: 1368
New Foreclosures: 479
GEORGIA
Total Properties: 5731
New
Foreclosures: 1632
HAWAII
Total Properties:
11
New Foreclosures: 4
IOWA
Total
Properties: 926
New Foreclosures: 234
IDAHO
Total Properties: 482
New Foreclosures: 131
ILLINOIS
Total Properties: 2401
New
Foreclosures: 611
INDIANA
Total Properties:
4536
New Foreclosures: 1071
KANSAS
Total
Properties: 942
New Foreclosures: 182
KENTUCKY
Total Properties: 1365
New
Foreclosures: 321
LOUISIANA
Total
Properties: 1069
New Foreclosures: 253
MASSACHUSETTS
Total Properties: 100
New
Foreclosures: 23
MARYLAND
Total Properties:
625
New Foreclosures: 280
MAINE
Total
Properties: 102
New Foreclosures: 16
MICHIGAN
Total Properties: 5231
New
Foreclosures: 1163
MINNESOTA
Total
Properties: 674
New Foreclosures: 142
MISSOURI
Total Properties: 2223
New
Foreclosures: 528
MISSISSIPPI
Total
Properties: 1106
New Foreclosures: 279
MONTANA
Total Properties: 111
New
Foreclosures: 25
NORTH CAROLINA
Total
Properties: 4068
New Foreclosures: 831
NORTH
DAKOTA
Total Properties: 71
New Foreclosures: 14
NEBRASKA
Total Properties: 442
New
Foreclosures: 104
NEW HAMPSHIRE
Total
Properties: 49
New Foreclosures: 15
NEW
JERSEY
Total Properties: 501
New Foreclosures:
220
NEW MEXICO
Total Properties: 606
New
Foreclosures: 167
NEVADA
Total Properties:
181
New Foreclosures: 44
NEW YORK
Total
Properties: 2008
New Foreclosures: 635
OHIO
Total Properties: 6593
New Foreclosures: 1577
OKLAHOMA
Total Properties: 1361
New
Foreclosures: 335
OREGON
Total Properties:
577
New Foreclosures: 206
PENNSYLVANIA
Total Properties: 3212
New Foreclosures: 715
RHODE ISLAND
Total Properties: 5
New
Foreclosures: 3
SOUTH CAROLINA
Total
Properties: 2365
New Foreclosures: 500
SOUTH
DAKOTA
Total Properties: 103
New Foreclosures:
25
TENNESSEE
Total Properties: 3099
New
Foreclosures: 708
TEXAS
Total Properties:
8290
New Foreclosures: 2449
UTAH
Total
Properties: 906
New Foreclosures: 264
VIRGINIA
Total Properties: 674
New
Foreclosures: 136
VERMONT
Total Properties:
21
New Foreclosures: 4
WASHINGTON
Total
Properties: 1079
New Foreclosures: 308
WISCONSIN
Total Properties: 962
New
Foreclosures: 229
WEST VIRGINIA
Total
Properties: 445
New Foreclosures: 94
WYOMING
Total Properties: 64
New Foreclosures: 18
For more information, visit
http://www.foreclosure.com/
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