In trying to keep my promise to post only NSDCC-related data, here's a national article from G-S, with NSDCC relevance at the bottom. Hat tip to Aztec for sending this along: As of 1Q, the number of seriously delinquent federally backed loans surpassed the number held...
Here are the recent foreclosure stats for San Diego County. It appears that the banks/servicers have found a steady rut for their foreclosure production: It's hard to believe that NODs are down 15%. It's doubtful that they'll deviate from the plan if it is working? ...
These numbers look too uniform, yet nobody questions them - instead, more psycho-babble from a variety of casual observers. From sddt.com: Foreclosure activity held steady in May, as the most prominent factor in today’s housing market appears to have settled into a...
The only value of this data below is trying to predict how home buyers and sellers will interpret it. Because the accuracy is suspect. For example, the 'homes in foreclosure process' for San Diego is more than 20% higher than the 12,561 properties shown to be in...
It's all over the news - the housing double dip is here. They say that the DD is caused by an overload of foreclosures dragging down prices - but they are talking about the overall national market. Are the recent trustee sales building a backlog of REOs around San...
From Diana at cnbc.com: For the first time in years, a guy who quantifies the foreclosure crisis got to report some good news. Kyle Lundstedt's colleagues at LPS Applied Analytics call him Dr. Doom, as he calculates all the numbers for the monthly Mortgage Monitor...
At the beginning of the year it looked like foreclosures were picking up. But those pesky lenders are teasing us again - the April foreclosures have slowed considerably. Here are the counts of SFRs foreclosed in North SD County Coastal, YTD (La Jolla to Carlsbad):...
From Lily Leung, the new real estate reporter for the Union-Tribune - we're rooting for you Lily! Fewer San Diego homeowners defaulted on their mortgages in February, and foreclosures have decreased year-over-year for the fifth consecutive time. Could this signal...
The foreclosure numbers aren't growing yet - we're all convinced that they'll be dripped out for years to come, right? The push towards loan mods and short sales enables all participants to drag out the inevitable, and it's probably not going to change. In San Diego...
The SFR foreclosures around North SD County Coastal are still being trickled out, relatively. We got teased with an increased flow in January when 49 got foreclosed, but in February that number was almost cut in half, down to 26 (with the same number of business days...
