BRE Properties Announces Resignation of Chief Financial Officer

SAN FRANCISCO, Nov. 13 /PRNewswire-FirstCall/ -- BRE Properties, Inc.
(NYSE: BRE) today announced the resignation of Henry Hirvela, the company's
executive vice president, chief financial officer (CFO), effective today.
Hirvela resigned for personal reasons and not as a result of any
disagreement with the company regarding financial or accounting practices.

The company has appointed Edward F. Lange, Jr., currently executive
vice president, chief operating officer (COO), to serve as CFO. Lange, who
will continue to serve as COO, served as CFO from June 2000 to December
2006, and as COO and CFO from January 2007 to May 2008, when Hirvela joined
the company. The company has no immediate plans to commence a search for a
new CFO.

About BRE Properties

BRE Properties -- a real estate investment trust -- develops, acquires
and manages apartment communities convenient to its residents' work,
shopping, entertainment and transit in supply-constrained Western U.S.
markets. BRE directly owns and operates 75 apartment communities totaling
22,166 units in California, Arizona and Washington. The company currently
has seven other properties in various stages of development and
construction, totaling 2,077 units, and joint venture interests in 13
additional apartment communities, totaling 4,080 units. (Property data as
of 9/30/08.)

[Via Real Estate California]

Grubb & Ellis Realty Investors Awarded Multiple TOBYs by BOMA

SANTA ANA, Calif., Nov. 13 /PRNewswire/ -- Grubb & Ellis Realty
Investors, LLC today announced that two Las Vegas area properties owned and
managed on behalf of tenant-in-common investors, Sienna Office Park I and
City Centre Place, have received The Office Building of the Year (TOBY)
award from the local chapter of the Building Owners and Managers
Association International (BOMA).

"Grubb & Ellis Realty Investors strives to acquire buildings of the
highest caliber and to manage the operations of these assets at a similarly
high level on behalf of our program investors," said Kent Peters, executive
vice president of asset management, Grubb & Ellis Realty Investors. "Grubb
& Ellis Management Services has done an excellent job as the property
managers, and our partnership speaks volumes about the strength of the
newly integrated Grubb & Ellis Company."

Acquired by Grubb & Ellis Realty Investors in June 2007, Sienna Office
Park I consists of two newly developed Class A office buildings totaling
more than 101,000 square feet in Henderson, Nevada. Located at 2850 West
Horizon Ridge Parkway, the asset received the TOBY in the category for
buildings with less than 100,000 square feet of rentable area.

City Centre Place, acquired by the company in November 2004, is a
103,199-square-foot, Class A six-story, multi-tenant office building with
ground retail space in Las Vegas. The asset was awarded the local TOBY in
the 100,000 to 249,999-square-foot office building category; City Centre
Place was similarly recognized in 2006.

Elizabeth Grossman, vice president of asset management, Grubb & Ellis
Realty Investors, serves as the asset manager for each property. Andrea
King and Mary Frankert, property managers with Grubb & Ellis Management
Services' Las Vegas office, make up the property management team
responsible for the day-to-day operation of the properties. Jeff Goodwin is
the building engineer for City Centre Place and Jarod Waisanen serves as
the maintenance technician for Sienna Office Park I.

Grubb & Ellis Realty Investors is the real estate investment and asset
management subsidiary of Grubb & Ellis Company, a leading real estate
services and investment firm. Grubb & Ellis Management Services is the
property management subsidiary of the company.

The TOBY awards are the most prestigious and comprehensive programs of
their kind in the commercial real estate industry, recognizing quality in
office buildings and rewarding excellence in office building management.
During the competitions, all facets of a building's operations are
thoroughly evaluated. Buildings are judged on everything from community
involvement and site management to environmental and "green" policies and
procedures.

Sienna Office Park I and City Centre Place will now have the
opportunity to compete for the Pacific Southwest regional level TOBY, to be
awarded in spring 2009.

About Grubb & Ellis Realty Investors

Grubb & Ellis Realty Investors, LLC is the real estate investment and
asset management subsidiary of Grubb & Ellis Company (NYSE: GBE), a leading
real estate services and investment firm. Grubb & Ellis Realty Investors
and affiliates manage a growing portfolio of assets valued in excess of
$6.7 billion located throughout 30 states. One of the nation's most active
buyers and sellers of commercial real estate, Grubb & Ellis Realty
Investors has completed acquisition and disposition volume totaling more
than $11.5 billion on behalf of program investors since its founding in
1998; in excess of $8.5 billion of this volume has been transacted since
Jan.1, 2005.

Grubb & Ellis Realty Investors and affiliates are currently buying and
selling properties throughout the United States, offering a full range of
commercial real estate investment programs, including tenant-in-common
(TIC) programs for investors structuring tax-deferred (like-kind) exchanges
under Section 1031 of the Internal Revenue Code, non-traded public real
estate investment trusts (REITs), multi-member limited liability companies
(LLCs) and institutional investments. Through the Grubb & Ellis Wealth
Management program, Grubb & Ellis Realty Investors also offers high net
worth investors a comprehensive program to build or expand their commercial
real estate portfolio, whether their investment objectives are 1031
exchange driven or not.

[Via Real Estate California]

Owners of Sunset Gower Studios and Sunset Bronson Studios Combine Facilities Into a Powerful New Entity

Legendary Hollywood Lots Are Newly Named Capital Studios to Reflect
Visionary Studio Platform Strategy of Owner and Operator, Hudson Capital
LLC

HOLLYWOOD, Calif., Nov. 13 /PRNewswire/ -- The largest independent
production studio owner in the United States, Hudson Capital, LLC, is
bringing together two legendary Hollywood lots to become one entity and
changing the studios' names to Capital Studios. The former Sunset Gower
Studios will now be called Capital Studios at Sunset Gower, while Sunset
Bronson Studios (formerly KTLA/Tribune Studios) will be known as Capital
Studios at Sunset Bronson. The announcement was made today by Hudson
Capital LLC principals Victor Coleman and Howard Stern.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081113/LATH078LOGO)

The new entity of Capital Studios comes as a direct result of Hudson
Capital's goal of creating one significant operating platform that takes
advantage of the synergies and economies of scale by owning both
properties, which continue to operate at a high level. Together, Capital
Studios has a combined total of 23 sound stages and over 700,000 square
feet of office production and support space located on 28 acres in the
heart of Hollywood.

As part of the powerful merging of facilities and historic name-change
announcement, several new developments are taking place, including:



-- New studios' identity, logo and website at
http://www.shootatcapital.com
-- Extensive, multi-million dollar renovations and aesthetic upgrades
including new main entrance and new exterior Main Street
-- New monthly screening series for new filmmakers through partnership
with NewFilmmakers LA, held in the 70-seat, state-of-the-art theatre
named after famed independent director Stanley Kramer
-- A recently-announced S3D studio, the first fully-equipped stereo
3D-ready stages of their kind in the world
-- The highly anticipated state-of-the-art post production building soon
to be occupied by Technicolor (first new office building to be
constructed in Hollywood in the past 20 years)

"This is much more than a name change," said Coleman. "We see a prime
opportunity in creating a production network platform comprised of
state-of-the-art facilities that operate at the highest level. We expect to
redefine what the independent studio experience will be for the foreseeable
future."

Stern added, "Film, technology and digital media have all changed.
Technology is moving at lightning speed, and we have to move even faster.
We're committed to creating studio lot experiences that gives our customers
and tenants more efficiencies and more value."

Capital Studios at both the Sunset Gower and Sunset Bronson locations
are currently home to numerous high-profile film and television shows
including the upcoming feature "The Ugly Truth" (Sony Lakeshore starring
Katherine Heigl and Gerard Butler), feature "Gulliver's Travels" (Fox),
"Heroes" (NBC) "Hannah Montana" (Disney), "Dexter" (Blind
Decker/Showtime)," "MadTV" (Fox), "Judge Judy" and "Judge Joe Brown" (Big
Ticket Pictures)," Divorce Court" (20th Television), "Family Feud"
(Freemantle Media), "Trivial Pursuit" (Wheeler Sussman), "Talk Show with
Spike Feresten" (Fox TV)and the new buzzed-about ABC series "In The
Motherhood," among many others. Capital Studios also plays host to
commercial productions, music videos (most recently Christina Aguilera and
the Pussycat Dolls with Missy Elliott), screenings, special events and
office tenants.

Hudson Capital LLC will continue to own, operate and oversee
development, construction, facilities management, accounting, financial
reporting and sales and marketing for Capital Studios at Sunset Gower and
Capital Studios at Sunset Bronson. By early 2009, Technicolor will move
into the new, six-story office/post-production building at Gower that
represents one of the most technologically advanced post-production
facilities in the world.

[Via Real Estate California]

Grubb & Ellis Company Names Matthew A. Engel SVP, Accounting and Finance, Chief Accounting Officer

SANTA ANA, Calif., Nov. 13 /PRNewswire-FirstCall/ -- Grubb & Ellis
Company (NYSE: GBE), a leading real estate services and investment firm,
today announced that it has named veteran finance executive Matthew A.
Engel senior vice president, accounting and finance and chief accounting
officer, effective immediately.

Engel, 41, will have responsibility for the company's corporate
accounting, tax, financial risk management and treasury functions. He
reports to Richard W. Pehlke, executive vice president and chief financial
officer.

"Matt brings years of invaluable public company finance and accounting
experience to the position of Grubb & Ellis' chief accounting officer, said
Pehlke. "We expect his leadership will be a great asset as we continue to
transition our financial reporting operations and move forward with our
growth strategy."

Engel joins Grubb & Ellis from H&R Block, Inc., where he spent seven
years in various senior finance leadership positions. Most recently, he was
senior vice president, chief financial officer of the company's Mortgage
Services segment, where he oversaw the finance, treasury, accounting,
business planning and corporate strategy functions. While at H&R Block, he
also held the title of vice president, controller for the mortgage services
segment and chief accounting officer for the parent company.

Prior to joining H&R Block in 2001, Engel spent eight years at DST
Systems, Inc. in various finance and accounting positions. He began his
career in 1990 in the audit practice of Price Waterhouse.

Engel is a Certified Public Accountant and holds a bachelor's degree
from University of Northern Iowa.

About Grubb & Ellis

Grubb & Ellis Company (NYSE: GBE) is one of the largest and most
respected commercial real estate services and investment companies. With
more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers
property owners, corporate occupants and investors comprehensive integrated
real estate solutions, including transaction, management, consulting and
investment advisory services supported by proprietary market research and
extensive local market expertise.

Grubb & Ellis and its subsidiaries are leading sponsors of real estate
investment programs that provide individuals and institutions the
opportunity to invest in a broad range of real estate investment vehicles,
including tax-deferred 1031 tenant-in-common (TIC) exchanges, public
non-traded real estate investment trusts (REITs) and real estate investment
funds. As of September 30, 2008, more than $3.8 billion in investor equity
has been raised for these investment programs. The Company and its
subsidiaries currently manage a growing portfolio of more than 225 million
square feet of real estate. In 2007, Grubb & Ellis was selected from among
15,000 vendors as Microsoft Corporation's Vendor of the Year. For more
information regarding Grubb & Ellis Company, please visit
http://www.grubb-ellis.com.

[Via Real Estate California]

PMI Launches Online Mortgage Options Assessment Tool

Helps Homeowners Organize and Calculate Finances before Meeting Lenders

WALNUT CREEK, Calif., Nov. 13 /PRNewswire/ -- PMI Mortgage Insurance
Co., a leading U.S. mortgage insurer and advocate of sustainable
homeownership, today announced a new tool for homeowners facing potential
foreclosure on their home. The Mortgage Options Assessment Tool
(http://www.HomeSafePMI.com) enables homeowners to organize, calculate, and
produce reports on their current financial situations prior to meeting
their lenders or counselors to discuss solutions to foreclosure. This is a
free online tool available to anyone.

"This is another of PMI's efforts to help streamline the process for
homeowners," said John Jelavich, Vice President of PMI's Homeownership
Preservation Initiatives. "We have found the two biggest hurdles for
homeowners are realizing the options that are available, and getting
organized before meeting lenders. This tool helps educate borrowers and is
designed to expedite the process. The homeowner report generated by this
online tool is extremely helpful to lenders who are managing an
unprecedented level of activity created by the current housing crisis."

When homeowners log on to http://www.HomeSafePMI.com, they can click on
the Mortgage Options Assessment icon on the home page. In the form,
homeowners can input relevant information, such as property information,
income, assets and monthly expenses, to create a report that they can use
when meeting with their lenders or counselors. After inputting the
information, homeowners can print the completed form to take with them to
meetings with their financial advisors. PMI does not save or collect any
personal information that it could use to identify homeowners.

PMI is the first mortgage insurance company to join the Hope Now
Alliance, and is an active participant in borrower education and Hope Now
events nationwide. HOPE NOW is an alliance between HUD approved counseling
agents, servicers, investors and other mortgage market participants that
provides free foreclosure prevention assistance and, with help from the
broader mortgage industry, has prevented nearly 2.5 million foreclosures
since July 2007.

PMI Mortgage Insurance Co.

PMI Mortgage Insurance Co. (PMI US), a subsidiary of The PMI Group,
Inc. (NYSE: PMI), provides residential mortgage insurance to mortgage
lenders, capital market participants, and investors throughout the United
States. PMI US is incorporated in Arizona, headquartered in Walnut Creek,
CA, and licensed in all 50 states, the District of Columbia, Puerto Rico,
Guam, and the Virgin Islands. By mitigating default risk, residential
mortgage insurance expands home ownership opportunities, enabling borrowers
to buy homes with down payments of less than 20%. Mortgage insurance also
assists financial institutions in reducing the capital they are required to
hold against low down payment mortgages, providing liquidity and
facilitating the sale of these loans in the secondary mortgage market. For
more information: http://www.pmigroup.com.

[Via Real Estate California]

Two of the Biggest Online Marketing Myths About Selling Homes Debunked

NEWPORT BEACH, Calif., Nov. 13 /PRNewswire/ -- The National Association
of Realtors(R) (NAR) tells us that about 84% of all residential real estate
transactions start online. NAR also tells us that 93% of agents are unhappy
with their Internet sales success attributable to their website. If 93% of
agents aren't sharing in the 84% of sales online, what is the reason? I
believe the reason has its roots in basic misinformation portrayed as fact
and simple knowledge unknown to many.

Myth 1: The most popular place consumers look for homes online is
REALTOR.COM(R)

Fact: The most popular place consumers look for homes online is
Google(R)!

REALTOR.COM is the website owned by Move, Inc. and licensed by NAR to
be their only authorized website(s). They claim to be the most popular
Internet shopping site for homes. With 7 million page views monthly,
REALTOR.COM claims to own the largest market share of Internet home buyers.
The fact, however, is that Google has 65% of all search traffic and 85
billion searches a month, of which an estimated 13% are real-estate
related. Google receives about 870 million real estate searches a month.
Clearly, the most popular place for Internet buyers to look for homes
online is Google! You need to tap in to Google and other major search
engines.

Myth 2: It's impossible for 'the little guy/gal' to compete against the
big guys/gals in online marketing.

Fact: It's the opposite that is true; you can compete with anyone
online!

This is the biggest myth of all. The Internet is precisely where 'the
little guy/gal' can hold their own with anyone: corporate giant or the
in-town competitor. You don't need to buy any expensive coaching program.
You don't need to spend tens of thousands building the website to end all
websites. You don't even have to be "tech savvy." You need to learn the
rules of how to succeed online. We have learned through years of working
with agents and brokers that faithful adherence to these simple principles
does bring success:

-- Get yourself a good template website with plenty of features (Make
sure it has a welcoming homepage, full access to listings, good virtual
tours and an optional working IDX feature);

-- Hire good SEO to make sure Internet buyers can easily find that
website on the first pages of those search engines when they go looking for
a home online (you are a real estate agent, not a search engine
technician);

-- Employ proper lead capture with incentives to encourage visitors to
sign in;

-- Have all registrations text-messaged and e-mailed to you instantly
and contact them as soon as humanly possible. These things are not
optional, they are mandatory. Omit any of them and prepare to fail.

Fact: If you don't start succeeding online your days as a successful
agent are numbered

In just a short few years, we are now at the point where 84% of all
residential real estate transactions start online. Are you waiting till
that percentage reaches 95% to do something? Surely, you aren't letting the
market pass you by on purpose?

Someone once said that the definition of insanity is to keep repeating
the same conduct, but to expect a different result. Do you want to sell
houses online? Stop doing things the same old way you have always done
them. No one can afford to ignore 84% of consumers and expect to succeed in
the marketplace and stay in business. The Internet is where the action is,
and the search engines are what deliver Internet buyers. To expect success
without targeting search engines as a part of any online strategy might not
be "insane," but such a strategy is factually unwise. Search engines are
where the buyers are and you have to be found on the first page of them to
even start to succeed at selling houses online. (C) 2008 Mike Parker

About the Author: Mike Parker is a principal at the Blackwater
Consulting Group, Inc., and specializes in online marketing services for
Realtors(R) and real estate professionals. You can reach him by e-mail at
mparker@theblackwatercg.com. Obtain a free copy of his popular booklet "SEO
Secrets for Realtors" by writing realestate@theBlackwaterCG.com. It will be
sent to you free and no one will call you. To request a free review of your
website to determine if it can be found by internet buyers and if it is
search engine friendly, simply go to
http://admin.compassinternetsystems.com/inquire, fill in the necessary
information, and it will be evaluated free with no obligation whatsoever.

[Via Real Estate California]

Foreclosure Activity Increases 5 Percent in October According to RealtyTrac(R) U.S. Foreclosure Market Report

States' Legislation Slows Rate of Increase, But Foreclosure Activity Up 25
Percent From October 2007

IRVINE, Calif., Nov. 13 /PRNewswire/ -- RealtyTrac(R)
(http://www.realtytrac.com), the leading online marketplace for foreclosure
properties, today released its October 2008 U.S. Foreclosure Market
Report(TM), which shows foreclosure filings -- default notices, auction
sale notices and bank repossessions -- were reported on 279,561 U.S.
properties during the month, a 5 percent increase from the previous month
and a 25 percent increase from October 2007. The report also shows one in
every 452 U.S. housing units received a foreclosure filing in October.

RealtyTrac publishes the largest and most comprehensive national
database of foreclosure and bank-owned properties, with over 1.5 million
properties from over 2,200 counties across the country, and is the
foreclosure data provider to MSN Real Estate, Yahoo! Real Estate and The
Wall Street Journal's Real Estate Journal.

"We've seen sharp declines in new foreclosure filings after legislation
mandating delays to the foreclosure process was signed into law in several
states -- most notably in California, where overall foreclosure activity
was down by double-digit percentage points for the second straight month in
October, and where default filings were 44 percent below October 2007
levels," said James J. Saccacio, chief executive officer of RealtyTrac.
"Despite this, October marks the 34th consecutive month where U.S.
foreclosure activity has increased compared to the prior year.

"While the intention behind this legislation -- to prevent more
foreclosures -- is admirable, without a more integrated approach that
includes significant loan modifications, the net effect may be merely
delaying inevitable foreclosures. And in the meantime, the apparent slowing
of foreclosure activity understates the severity of the foreclosure problem
in these states."

Nevada, Arizona, Florida post top state foreclosure rates

Nevada posted the nation's highest state foreclosure rate for the 22nd
consecutive month in October, with one in every 74 housing units receiving
a foreclosure filing during the month -- more than six times the national
average. Foreclosure filings were reported on 14,483 Nevada properties in
October, an increase of 11 percent from the previous month and up nearly
119 percent from October 2007.

With one in every 149 housing units receiving a foreclosure filing in
October, Arizona registered the second highest state foreclosure rate.
Foreclosure filings were reported on 17,507 Arizona properties for the
month, an increase of nearly 35 percent from the previous month and up 176
percent from October 2007.

One in every 157 Florida housing units received a foreclosure filing in
October, the nation's third highest state foreclosure rate. A total of
54,324 Florida properties received a foreclosure filing during the month,
an increase of 13 percent from the previous month and up nearly 80 percent
from October 2007.

Other states with foreclosure rates ranking among the top 10 were
California, Colorado, Georgia, Michigan, New Jersey, Illinois and Ohio.

California posts top foreclosure total despite continued drop in
foreclosure activity

California foreclosure activity in October decreased 18 percent from
the previous month, but the state still posted the highest number of
properties with foreclosure filings for the month -- 56,954. That total was
down from a peak of more than 100,000 in August, but was still up 13
percent from October 2007.

Florida, Arizona and Nevada posted the second, third and fourth highest
number of properties with foreclosure filings respectively in October.

With 12,681 properties receiving a foreclosure filing in October,
Illinois registered the nation's fifth highest state total. The state's
foreclosure activity increased 24 percent from the previous month and was
up 31 percent from October 2007.

Other states where total properties with foreclosure filings landed
among the 10 highest were Ohio, Michigan, Georgia, Texas and New Jersey.

Las Vegas, Florida cities top list of highest metro foreclosure rates

Las Vegas documented the highest metropolitan foreclosure rate among
the 230 metro areas tracked in the report, with one in every 62 housing
units receiving a foreclosure filing in October -- more than seven times
the national average. Foreclosure filings were reported on 12,155 Las Vegas
area properties during the month, an increase of nearly 6 percent from the
previous month and up nearly 104 percent from October of 2007.

Four Florida metro areas posted foreclosure rates that ranked among the
top 10 in October, led by Cape Coral-Fort Myers and Miami in the Nos. 2 and
3 spots respectively. Other Florida cities in the top 10 were Fort
Lauderdale at No. 8 and Orlando at No. 10.

California metro areas also accounted for four of the top 10 metro
foreclosure rates in October, but that was down from previous months, when
at least six California metro areas consistently ranked among the top 10.
Stockton was the highest ranked California metro area at No. 4, with one in
every 100 housing units receiving a foreclosure filing in October. Other
California cities in the top 10 were Merced at No. 5, Riverside-San
Bernardino at No. 7 and Modesto at No. 9. All four California metro areas
experienced monthly decreases in foreclosure activity.

Report methodology

The RealtyTrac U.S. Foreclosure Market Report provides a count of the
total number of properties with at least one foreclosure filing reported
during the month -- broken out by type of filing at the state and national
level. Data is also available at the individual county level. Data is
collected from more than 2,200 counties nationwide, and those counties
account for more than 90 percent of the U.S. population. RealtyTrac's
report incorporates documents filed in all three phases of foreclosure:
Default -- Notice of Default (NOD) and Lis Pendens (LIS); Auction -- Notice
of Trustee Sale and Notice of Foreclosure Sale (NTS and NFS); and Real
Estate Owned, or REO properties (that have been foreclosed on and
repurchased by a bank). If more than one foreclosure document is filed
against a property during the month or quarter, only the most recent filing
is counted in the report. The report also checks if the same type of
document was filed against a property in a previous month or quarter. If
so, and if that previous filing occurred within the estimated foreclosure
timeframe for the state the property is in, the report does not count the
property in the current month.





U.S. Foreclosure Market Data by State - Oct 2008

Rate Properties with Foreclosure Filings
Rank State Name NOD LIS NTS NFS

-- U.S. 36,036 66,033 66,319 26,305
39 Alabama 7 0 349 0
28 Alaska 2 0 156 0
2 Arizona 191 0 11,041 0
19 Arkansas 187 0 1,305 0
4 California 16,245 0 20,078 0
5 Colorado 51 0 2,982 0
11 Connecticut 0 1,981 0 611
34 Delaware 0 8 0 81
District of Columbia 160 0 6 0
3 Florida 0 34,315 0 12,969
6 Georgia 63 0 5,642 0
30 Hawaii 68 0 289 0
15 Idaho 673 0 450 0
9 Illinois 0 7,680 0 1,363
14 Indiana 0 1,822 0 1,860
40 Iowa 11 0 369 0
33 Kansas 0 123 0 208
43 Kentucky 0 281 0 120
41 Louisiana 0 19 0 457
36 Maine 164 0 148 0
23 Maryland 0 2,238 0 271
21 Massachusetts 0 1,577 0 862
7 Michigan 5,223 0 434 0
25 Minnesota 14 0 946 0
44 Mississippi 3 0 113 0
20 Missouri 626 0 1,650 0
48 Montana 1 0 7 0
49 Nebraska 0 6 0 17
1 Nevada 6,736 0 4,192 0
24 New Hampshire 4 0 488 0
8 New Jersey 0 6,681 0 982
42 New Mexico 0 88 0 91
37 New York 0 1,718 0 908
29 North Carolina 1,178 0 724 0
45 North Dakota 0 1 0 23
10 Ohio 0 4,546 0 3,240
35 Oklahoma 293 0 137 0
16 Oregon 1,306 0 834 0
32 Pennsylvania 0 2,019 0 999
22 Rhode Island 1 0 384 0
27 South Carolina 0 637 0 442
47 South Dakota 0 3 0 28
18 Tennessee 8 0 2,296 0
26 Texas 41 0 5,467 0
13 Utah 889 0 277 0
50 Vermont 0 0 2 0
12 Virginia 1,844 0 2,339 0
17 Washington 47 0 3,082 0
46 West Virginia 0 0 68 0
31 Wisconsin 0 290 0 773
38 Wyoming 0 0 64 0



Properties with Foreclosure Filings
Rate 1/every X %Chg. from %Chg. from
Rank State Name REO Total HU(rate) Sep 08 Oct 07

-- U.S. 84,868 279,561 452 5.11 24.55
39 Alabama 480 836 2,524 15.47 0.84
28 Alaska 100 258 1,072 25.24 2.38
2 Arizona 6,275 17,507 149 34.86 176.18
19 Arkansas 403 1,895 672 16.98 26.67
4 California 20,631 56,954 231 -18.11 13.00
5 Colorado 2,341 5,374 390 23.68 -0.09
11 Connecticut 520 3,112 460 136.12* 95.23*
34 Delaware 118 207 1,849 -51.75 58.02
District
of Columbia 61 227 1,246 8.61 176.83*
3 Florida 7,040 54,324 157 13.28 79.94
6 Georgia 4,195 9,900 391 6.46 -12.79
30 Hawaii 38 395 1,266 -33.50 201.53
15 Idaho 50 1,173 525 9.42 95.50
9 Illinois 3,638 12,681 410 24.27 31.08
14 Indiana 1,722 5,404 510 -5.94 2.27
40 Iowa 120 500 2,641 29.53 -25.71
33 Kansas 325 656 1,841 -36.86 30.68
43 Kentucky 127 528 3,576 -33.50 -34.98
41 Louisiana 166 642 2,851 35.44 -10.83
36 Maine 38 350 1,975 7.69 138.10*
23 Maryland 464 2,973 774 32.31 -15.71
21 Massachusetts 1,191 3,630 746 -8.84 25.00
7 Michigan 5,736 11,393 396 7.96 -15.07
25 Minnesota 1,700 2,660 858 24.07 61.21
44 Mississippi 81 197 6,302 -30.39 -10.05
20 Missouri 1,396 3,672 714 26.62 2.43
48 Montana 32 40 10,801 -4.76 -72.60
49 Nebraska 27 50 15,497 31.58 -85.21
1 Nevada 3,555 14,483 74 11.22 118.84
24 New Hampshire 199 691 854 34.17 20.38
8 New Jersey 810 8,473 410 10.64 74.92
42 New Mexico 85 264 3,220 9.09 -45.00
37 New York 1,135 3,761 2,102 13.21 -42.31
29 North Carolina 1,312 3,214 1,254 29.75 -20.15
45 North Dakota 18 42 7,329 16.67 68.00
10 Ohio 4,323 12,109 417 5.57 -29.91
35 Oklahoma 387 817 1,967 -36.02 -37.20
16 Oregon 701 2,841 558 21.20 159.45
32 Pennsylvania 987 4,005 1,362 -4.39 26.34
22 Rhode Island 197 582 772 -5.52 60.77
27 South Carolina 952 2,031 973 -7.77 262.68*
47 South Dakota 3 34 10,377 -33.33 78.95
18 Tennessee 1,734 4,038 664 -1.46 -11.23
26 Texas 4,392 9,900 932 7.69 -19.43
13 Utah 646 1,812 497 3.78 72.57
50 Vermont 11 13 23,812 116.67 44.44
12 Virginia 2,372 6,555 493 2.47 160.33
17 Washington 1,149 4,278 631 119.16 95.08
46 West Virginia 21 89 9,863 36.92 85.42
31 Wisconsin 826 1,889 1,341 22.34 -24.62
38 Wyoming 38 102 2,345 15.91 104.00

* Actual increase may not be as high due to data collection changes or
improvements

About RealtyTrac Inc.

Ranked as the third largest real estate site by MediaMetrix and No. 53
on Inc. magazine's 2006 Inc. 500 list of the nation's fastest-growing
private companies, RealtyTrac Inc. (http://www.realtytrac.com), is the
leading online marketplace for foreclosure properties, providing all the
resources that home seekers, investors and real estate agents need to
locate, evaluate and buy properties below market value.

Founded in 1996, RealtyTrac publishes the largest and most
comprehensive national database of pre-foreclosure, foreclosure, For Sale
By Owner, resale and new homes, with more than 1 million properties across
the country, property reports, productivity tools and extensive
professional resources. RealtyTrac hosts nearly 3 million unique visitors
monthly and has been chosen to supply foreclosure data to MSN Real Estate,
Yahoo! Real Estate and The Wall Street Journal's Real Estate Journal. For
current news and information regarding foreclosure-related issues and
trends, visit our blog at http://www.ForeclosurePulse.com.

[Via Real Estate California]