A certain foreclosure-subscription company is always rattling their sabre about any uptick in notices. The headline for this article is: Early Stage Foreclosure Filings up Nationwide and in Most States:...
Foreclosure Counts
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Foreclosures
Foreclosure Limboland
Reader elbarcosr noted that the latest default list was the longest in recent memory, and wondered if the foreclosure market might be coming back to life. Let's hope so! If the NAR would have been looking out for realtors, they would have insisted that the foreclosure...
Mortgage-Debt Tax Relief
Yesterday I saw a for-sale sign in front of an upcoming REO listing. It made me wonder, "How many REO and short-sale listings of detached-homes have we had this year around NSDCC? Here are the counts: REO: 5 Short Sales: 43 Non-distressed: 3,516 There's not much...
Doomer Report
This guy only sees negative in the real estate world. He called me once trying to get me to bash the market, and when I refused, he hung up. Even today he is still ranting: http://www.marketwatch.com/story/this-house-market-is-falling-apart-2014-08-26 Real estate...
SD Foreclosure Counts
The decline in foreclosures continues, but the pundits and media don't really look into it much further. Here is the best quote they could come up with in this article, linked below (hat tip to Stormin'): "We have now registered two and a half years of continuous...
Mozilo’s Errant Email = Free Rent Forever?
Remember Dan Bailey? Here is a follow-up from latimes.com: Daniel A. Bailey Jr. isn't your average homeowner. He hasn't paid his mortgage in more than five years, and has no plans to start now. His stance stems from a bizarre incident that thrust Bailey into the...
Foreclosure Flashbacks
My mother is still catching up with my video history of the bubble, and the foreclosure era. Here are some clips from early 2009:
SB 30 Fails
From the California Association of Realtors: LOS ANGELES (Sept. 3) – Thanks to partisan political gamesmanship by the Assembly Appropriations Committee, struggling homeowners who sold their homes in a short sale in the past eight months will be further penalized by...
SD Foreclosure Notices
The mid-range market isn't getting much help from defaulted properties - here's a look at last month's foreclosure notices sorted by home size and their estimated value:
NSDCC Distressed-Sales Counts
The foreclosure era is winding down, and around the North San Diego County Coastal region, the overall impact has been less than imagined - let's recap the counts of distressed-sales: Year Short-Sale REO Non-REO/SS Distressed-Sales % 2008 5 30 2,002 2% 2009 110 164...
