Tuesday, October 25, 2005

Real Estate News For Tuesday, October 25th, 2005

Good morning everyone! Today I'm just going to post some really quick news, I have to do some family business in LA. If you need to get in touch with me, call my cell phone! Okay, down to the news for today.

National real estate foreclosures decreased 9.2 percent in September from the previous month, continuing a two-month decline, according to a report released today by RealtyTrac, an online marketplace for foreclosures. A total of 68,646 properties nationwide entered some stage of foreclosure in September, the report shows. "Foreclosures in September dropped for the second month in a row, at least in part due to issues related to Hurricanes Katrina and Rita," said RealtyTrac CEO James J. Saccacio. "Trends in the real estate market in general – and foreclosure properties in particular – will be interesting to watch over the next few months as new economic forces such as increasing interest rates and the recently-passed bankruptcy laws come into play." Click here to read more.

~Tina Jan~
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

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