RealtyTrac: Monroe County, Pa., Had Highest Number Of REOs In 2014

Posted by Patrick Barnard on March 31, 2015 No Comments
Categories : Mortgage Servicing

Which counties had the most real estate owned properties (REOs) in 2014?

According to a report from RealtyTrac, Monroe County, Pa. – with a population just under 170,000 – topped the list: At one point during the year, fully one-third of all the homes listed for sale in the county were REOs.

Along with Wayne County, Mich., these were the only two counties outside of Florida where REOs represented the highest percentage of home sales for 2014.

What follows are the top 10 counties with the highest percentage of REOs for the year:

1. Monroe, Pa.         169,346    34%
2. Saint Lucie, Fla. Â Â Â 278,246 Â Â Â 30%
3. Duval, Fla. Â Â Â Â Â Â Â Â Â 866,431 Â Â Â 30%
4. Hernando, Fla. Â Â Â Â 172,784 Â Â Â 28%
5. Clay, Fla. Â Â Â Â Â Â Â Â Â Â Â 190,891 Â Â Â 25%
6. Marion, Fla. Â Â Â Â Â Â Â Â 331,987 Â Â Â 24%
7. Osceola, Fla. Â Â Â Â Â Â 272,355 Â Â Â 24%
8. Leon, Fla. Â Â Â Â Â Â Â Â Â Â 276,506 Â Â Â 24%
9. Wayne, Mich. Â Â Â Â Â Â 1,822,469Â 24%
10. Seminole, Fla. Â Â Â Â 423,389 Â Â Â 24%

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