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/REOs
REO Listings Skyrocket
I hope the headline porn grabbed you! 😆 REO listings have increased lately around NSDCC, though they are still a small fraction of the overall marketplace (there have been 2,238 detached-home sales closed this year between Carlsbad and La Jolla). The short-sale...
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...
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...
Selective Foreclosure
From RealtyTrac: http://www.realtytrac.com/content/foreclosure-market-report/q1-2014-home-equity-and-underwater-report-8037 “The relatively high percentage of foreclosures with equity is surprising to many because it would seem homeowners with equity could easily...
NSDCC Distressed Market – 2014
After seeing Bernanke holding the smoking gun on Monday (where he said that he told banks to not disrupt the economy with their REOs), did you give up hope getting a deal on a distressed sale? If not, this might push you closer to believing. Here is the mix of NSDCC...
Bernanke Stopped the Flood
Having over eight years' worth of blog posts means all types of kooky things happen regularly - usually regarding comments left on old stories. Yesterday's comment-du-jour went back to June, 2011, which caused me to read a few other comments of the day. Reader LM left...
Foreclosure Notices Rise?
The hedgies got fired up this week over RealtyTrac's report of California foreclosures rising 57% last month - the post is featured at the top of their front page, and has great comments: www.zerohedge.com. At first glance, it would support my theory that banks...
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...
