Nevada and California’s foreclosed homes tracked online

Property investors looking to pick up discounted property amid America’s ongoing foreclosure phenomenon can now access online tracking data.

Foreclosure Trackers (FTI) has launched foreclosuretrackers.com featuring time sensitive data and helping to guide those ready with money to spend.

In California and Nevada, where foreclosure rates are higher than in most parts of the US, the site lists around 100,000 properties, with new information updated daily.

David Phelps, president and co-founder of the site, said:

“Many data publishing sites can take up to three weeks to post foreclosures or even post inaccurate or inflated foreclosure statistics.”

“We now provide the quickest turnaround for the posting of essential foreclosure information in the Southern California and Clark County, Nevada areas.”

Nevada currently weighs in as the US state with the highest foreclosure rate, according to RealtyTrac figures published by the Denver Business Journal.

Elsewhere, Colorado recently surged up the foreclosure charts, with filings up 23 per cent. A total of 11,630 new foreclosure filings were made in the state between January and March, up from 9,443 in the same period of 2007.