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Phone: 970-689-2721 | Email: zitney@msn.com
                                                                                       License #:40021484

                  Shannan Zitney, CDPE                     I am available to assist you in purchasing or selling Short
                  Re/Max Action Brokers Centerra           Sale and Bank Owned (REO) property in Northern Colorado.
                  340 N 2nd Street                         Lets get started, call me today!
                  Berthoud, CO 80513


                                                                                          April 2011 Vol. 5, Issue 9

                                                               Foreclosure Activity Decreases 15 Percent in Q1
 6 month National Foreclosure Trends                           2011
                                                               Foreclosure filings were reported on 681,153 U.S.
                                                               properties in the first quarter, a 15 percent decrease from
                                                               the previous quarter and down 27 percent from the first
                                                               quarter of 2010, according to RealtyTrac. “Weak demand,
                                                               declining home prices and the lack of credit availability are
                                                               weighing heavily on the market, which is still facing the
                                                               dual threat of a looming shadow inventory of distressed
                                                               properties and the probability that foreclosure activity will
                                                               begin to increase again as lenders and servicers gradually
                                                               work their way through the backlog of thousands of
                                                               foreclosures,” said James J. Saccacio, chief executive
                                                               officer of RealtyTrac.
         NOD   NTS      NFS     LIS     REO

Best Places to Buy                    Here are some of the most recent Investment opportunities in the area.
Foreclosures in 2011
Here's our list of the best places                                                                        Pre-Foreclosure
to buy and invest in
                                                                                                    Bunyan Ave
foreclosures in 2011 and
                                                                                                    Berthoud
beyond, based on an analysis of                                                                     CO, 80513
10 key real estate metrics
relating. We started with the                                                                       Amount
nation's 100 largest                                                                                $255,000
metropolitan statistical areas                                                                      Beds/Bath
(MSAs) based on population.                                                                         3/2
We then filtered out the top 25                                                                     Sq. FT
metro areas in each of 10                                                                           2,444
categories relating to
foreclosure activity,
unemployment rates and sales              Property Type               Address            Amount           Default    Sq. Ft.
prices and tabulated which
metro areas showed up most
                                           Auction                    S 9th St,
                                                                                        $184,000           N/A       1,016
frequently in those top 25 lists.                                Berthoud, CO 80513
California, New York and Ohio          Auction Date: 7/20/11
each had two cities in our Top
10 list, and the remaining four
cities were in Maine, Wisconsin,
Tennessee and North Carolina.

 FORECLOSURE TRENDS : FEBRUARY 2011                   2012 Budget Could Limit Mortgage Interest Deduction
                                                      While President Obama’s proposed 2012 budget plan doesn’t
           NATL         CO           LARIMER CTY
                                                      specifically target the mortgage interest deduction by name, many
  NODs     32,184       21                4           believe it could be collateral damage from the 30 percent reduction
                                                      in itemized deductions on income taxes — which the budget said is
  NTSs     79,195      2,506             105          necessary to pay for a “three-year patch to prevent an increase in
                                                      taxes on middle-class families through the Alternative Minimum Tax
  NFSs     18,098        0                0
                                                      (AMT).
  LISs     30,981        0                0

  REOs     64,643      1,680             83

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Market Trends Report RealtyTrac April 21

  • 1. Phone: 970-689-2721 | Email: zitney@msn.com License #:40021484 Shannan Zitney, CDPE I am available to assist you in purchasing or selling Short Re/Max Action Brokers Centerra Sale and Bank Owned (REO) property in Northern Colorado. 340 N 2nd Street Lets get started, call me today! Berthoud, CO 80513 April 2011 Vol. 5, Issue 9 Foreclosure Activity Decreases 15 Percent in Q1 6 month National Foreclosure Trends 2011 Foreclosure filings were reported on 681,153 U.S. properties in the first quarter, a 15 percent decrease from the previous quarter and down 27 percent from the first quarter of 2010, according to RealtyTrac. “Weak demand, declining home prices and the lack of credit availability are weighing heavily on the market, which is still facing the dual threat of a looming shadow inventory of distressed properties and the probability that foreclosure activity will begin to increase again as lenders and servicers gradually work their way through the backlog of thousands of foreclosures,” said James J. Saccacio, chief executive officer of RealtyTrac. NOD NTS NFS LIS REO Best Places to Buy Here are some of the most recent Investment opportunities in the area. Foreclosures in 2011 Here's our list of the best places Pre-Foreclosure to buy and invest in Bunyan Ave foreclosures in 2011 and Berthoud beyond, based on an analysis of CO, 80513 10 key real estate metrics relating. We started with the Amount nation's 100 largest $255,000 metropolitan statistical areas Beds/Bath (MSAs) based on population. 3/2 We then filtered out the top 25 Sq. FT metro areas in each of 10 2,444 categories relating to foreclosure activity, unemployment rates and sales Property Type Address Amount Default Sq. Ft. prices and tabulated which metro areas showed up most Auction S 9th St, $184,000 N/A 1,016 frequently in those top 25 lists. Berthoud, CO 80513 California, New York and Ohio Auction Date: 7/20/11 each had two cities in our Top 10 list, and the remaining four cities were in Maine, Wisconsin, Tennessee and North Carolina. FORECLOSURE TRENDS : FEBRUARY 2011 2012 Budget Could Limit Mortgage Interest Deduction While President Obama’s proposed 2012 budget plan doesn’t NATL CO LARIMER CTY specifically target the mortgage interest deduction by name, many NODs 32,184 21 4 believe it could be collateral damage from the 30 percent reduction in itemized deductions on income taxes — which the budget said is NTSs 79,195 2,506 105 necessary to pay for a “three-year patch to prevent an increase in taxes on middle-class families through the Alternative Minimum Tax NFSs 18,098 0 0 (AMT). LISs 30,981 0 0 REOs 64,643 1,680 83