Here's a look at the total number of various types of documents that were recorded in August compared to the same month in 2013:
DEEDS - In August 2014 there were 635 deeds recorded; in August 2013 there were 637. Statistically there was no change.
MORTGAGES - In August 2014 there were 865 mortgages recorded; in August 2013 there were 1085. That's a decline of 20%.
FORECLOSURE DEEDS - In August 2014 there were 15 foreclosure deeds recorded; in August 2013 there were 11. That's an increase of 36% (but given the small number overall, it would be best not to make any conclusions of trends based on these numbers).
ORDERS OF NOTICE - In August 2014 there were 31 orders of notice recorded; in August 2013 there were 39. That's a decrease of 21% (but see comment to Foreclosure Deeds above).
TOTAL DOCUMENTS - In August 2014 there were 4730 documents recorded; in August 2013 there were 5917. That's a decrease of 21%.
If you project the eight months of recordings to date (34,731) out over this entire year, it would give us 52,096 for the year. In 2013 we recorded 67001 for the year. That would be a decline of 22%. It would also be the fewest documents recorded in a single year since 1991 when we recorded 52019.
Tuesday, September 02, 2014
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