from sddt.com: Notices of default and trustee deeds fell a combined 22 percent in November from October. Data from the San Diego County Assessor showed trustee deeds -- the last step in the foreclosure process -- dipped 17 percent from October to 1,128. Year over...
Foreclosure Count
October Foreclosure Tally
Nov. 12 (Bloomberg) -- U.S. foreclosure filings surpassed 300,000 for an eighth straight month as unemployment made it tougher for homeowners to pay their bills, RealtyTrac, Inc. said. A total of 332,292 properties received a default or auction notice or were seized...
F-List Review
Folks have been wondering about what details could be culled from the foreclosure list. We'll give the benefit of the doubt and omit those on the NOD list - they might be able to save themselves, or get a loan mod. Let's just look at the 100 SFRs valued between...
Forever Dripped?
From sddt: "Even with NOD numbers virtually flat with 2,880 in October and 2,875 in September, 2009 is on pace to break 2008’s record-breaking 34,069 NODs filed in a single year. With two more months to go, 2009 has racked up 33,904 NODs and has averaged 3,390 per...
Prop Tax Revenues
from sddt.com There are five cities in San Diego County that experienced an increase in property tax revenues in the fiscal year ending in June 2009 despite the county’s assessed value being down 2.3 percent overall. Del Mar, Coronado, Solana Beach, Poway and...
Latest F/C Report
Hat tip to Tom for sending this along. Sean at foreclosureradar.com has published his latest report: https://s3.amazonaws.com/CA_Foreclosure_Report/September+2009+CA+Foreclosure+Report.pdf Excerpts: With 90,365 properties in inventory, banks currently carry about 4.77...
Foreclosures Down
From sddt.com The number of notices of default and trustee deeds filed in San Diego County in September fell for the third consecutive month. The county assessor recorded a 4-percent drop in notices of default (NODs) from August. The 2,795 NODs filed were the fewest...
Poll: Will There Be A Flood?
CR is covering the news better than ever, but for those who may have missed this week's latest reports on the so-called 'shadow inventory', here are two articles (hat tip to MM for sending both!) http://online.wsj.com/article/SB125366552480532521.html...
REO Constipation
We've followed the same four REO listing agents since 2007, looking for clues about the flow of REO inventories. Here is a comparison of late-August numbers: August 21, 2007 - 382 Actives/111 Pendings = 3.44 August 21, 2008 - 121 Actives/147 Pendings = 0.82 August...
June’s Foreclosures Up 78%
from sddt.com: Foreclosures in San Diego County reached their highest monthly totals since September 2008, while notices of default spiked after two months of decline. June’s 3,715 notices of default were the second highest total for a single month on record. The...