JUNE 2008 FORECLOSURE DATA FOR METRO ATLANTA COUNTIES

JUNE 2008 FORECLOSURE DATA FOR METRO ATLANTA COUNTIES

BARTOW COUNTY FORECLOSURES -- 123

CHEROKEE COUNTY FORECLOSURES -- 193

CLAYTON COUNTY FORECLOSURES -- 598

COBB COUNTY FORECLOSURES -- 656

DEKALB COUNTY FORECLOSURES -- 1062

DOUGLAS COUNTY FORECLOSURES -- 226

FAYETTE COUNTY FORECLOSURES -- 111

FORSYTH COUNTY FORECLOSURES -- 139

FULTON COUNTY FORECLOSURES -- 1526

GWINNETT COUNTY FORECLOSURES -- 1093

HALL COUNTY FORECLOSURES -- 145

HENRY COUNTY FORECLOSURES -- 372

ROCKDALE COUNTY FORECLOSURES -- 159

TOTAL FORECLOSURES IN METRO

ATLANTA IN JUNE 2008 -- 6403

Home Resales Climb as Prices Decline

According to Bloomberg.com, sales of previously owned homes in the U.S. rose in May from the lowest level in at least nine years as a slide in prices lured some buyers into the market.

Resales increased 2 percent to a 4.99 million annual rate, higher than forecast, from a 4.89 million pace in April, the National Association of Realtors said today in Washington. The Commerce Department separately said the economy grew at a 1 percent annual pace in the first quarter, capping the weakest six-month expansion in five years.

The supply of homes for sale remains about twice the level representing a stable market, according to the NAR, and figures have yet to show any sign of sustained sales gains. Federal Reserve officials yesterday said the housing contraction will likely damp growth into 2009.

NOTIVUS HISTORY AND NEWS

History and news

Notivus began in 2005 as Equity Depot, a specialist seller of real estate foreclosure information to investors and real estate agents. In June, 2006 the company merged with Equisystems and began to broaden the products and client base to include law firms, lenders and title companies.

In 2007, the company released 2 new products, Loan Guard and Real Check to address the increasing need to monitor default activity on loans and titles and to analyze historical information for risk management purposes. In June 2006, the company expanded its service coverage area to include the entire state of GA. In January 2008, the company began a national expansion focused on providing full US coverage with a unique product approach centered on “notifying” people of relevant information using integrated technology that scan the World Wide Web. To reflect the expansion and strategy the company changed its name to Notivus, leaving Equity Depot as the on-line service in Georgia. The company currently has 19 states in its coverage area.

Links to www.equitydepot.net, www.loanguard.net, www.notivus.com