March NOD:4260 and NOT:844

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Submitted by pepsi on April 9, 2009 - 9:55pm

NOD: 4260 (broke the March record by a wide margin, which was a record for decades)
NOT: 844

The super low NOT probably is caused by the foclosure freeze in Sep,08, so I think we can say average NOT to NOD is 6 months.

Looks like we will have some summer blue and fall depression in 2009.

‹ What happens when junior lien foreclose on the house? Litigation happening in this complex in Encinitas? ›
we'll see if this stuff ever
Submitted by ibjames on April 10, 2009 - 11:09am.

we'll see if this stuff ever hits the market, the inventory levels in places like Clairemont, Mira Mesa, etc... is just crazy right now.

I was looking for a place for a few weeks but have gone back to my fence spot (it wasn't even cold) because it wasn't worth the time to look. A place hits the MLS, you go to look at it, and there are 3 people already there, placing bids!

What price range are you
Submitted by Rockemsock on April 10, 2009 - 12:19pm.

What price range are you looking at ibj?

This is exactly what Mr. Mortgage was discussing in his latest blog post. Seems like middle and high tier may finally have to pay their dues.

http://www.fieldcheckgroup.com/2009/04/0...

ibjames wrote:we'll see if
Submitted by mwtosd on April 10, 2009 - 4:59pm.

ibjames wrote:
we'll see if this stuff ever hits the market, the inventory levels in places like Clairemont, Mira Mesa, etc... is just crazy right now.

I was looking for a place for a few weeks but have gone back to my fence spot (it wasn't even cold) because it wasn't worth the time to look. A place hits the MLS, you go to look at it, and there are 3 people already there, placing bids!

lbjames... I am not sure you saw this. It was an article by Mr. Mortgage. I think it was posted on here. I know for sure on SDLookup.
http://www.fieldcheckgroup.com/2009/04/0...

yeah I just saw that a little
Submitted by ibjames on April 10, 2009 - 5:36pm.

yeah I just saw that a little while ago, I seem to have a good view from my fence post, lets see how this summer looks

opps i did not see rockemsock
Submitted by mwtosd on April 11, 2009 - 6:47am.

opps i did not see rockemsock posted it just before me!