The slowdown in foreclosures was most evident in judicial foreclosure states. (realtormag.realtor.org)
Ease of foreclosing - much longer foreclosure process in judicial foreclosure states than non judicial foreclosure states. (biggerpockets.com)
Not only do I anticipate interest rates rising in the near term, but distressed properties will continue to be a significant force in Connecticut and New York since both are judicial foreclosure states and the timing for the foreclosure process is measured in years. (rismedia.com)