Record High Foreclosures in California: 17,408 in 2nd quarter vs 11K in first

This topic has 48 replies, 16 voices, and was last updated 18 years, 6 months ago by drunkle.

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July 24, 2007 at 3:08 PM #9584

JWM in SD
Participant

http://bubbletracking.blogspot.com/index.html

Okay, so who still doesn’t get??? I promise to be civil about it and explain it as patiently as I can.

July 24, 2007 at 3:24 PM #67427

donaldduckmoore
Participant

How come we don’t see that many in the market?

July 24, 2007 at 3:24 PM #67492

donaldduckmoore
Participant

How come we don’t see that many in the market?

July 24, 2007 at 4:25 PM #67439

JWM in SD
Participant

Give me your criteria for evidence in the market.

July 24, 2007 at 4:25 PM #67504

JWM in SD
Participant

Give me your criteria for evidence in the market.

July 24, 2007 at 4:27 PM #67441

Ozzie
Participant

Those are notices of default not actual foreclosures.

The biggest jump was in counties like Merced, Riverside, etc.

July 24, 2007 at 4:27 PM #67506

Ozzie
Participant

Those are notices of default not actual foreclosures.

The biggest jump was in counties like Merced, Riverside, etc.

July 24, 2007 at 4:29 PM #67443

The-Shoveler
Participant

Nor_LA-Temcu-SD-Guy

The interesting thing is that the NOD have not hit record levels set in 96 yet which I think indicates that more Defaults are ending in foreclosures.

This could get bumpy here, better strap everything down.

July 24, 2007 at 4:29 PM #67509

The-Shoveler
Participant

Nor_LA-Temcu-SD-Guy

The interesting thing is that the NOD have not hit record levels set in 96 yet which I think indicates that more Defaults are ending in foreclosures.

This could get bumpy here, better strap everything down.

July 24, 2007 at 4:30 PM #67445

Ozzie
Participant

oops, I was wrong. Those are foreclosures for Q2.

July 24, 2007 at 4:30 PM #67511

Ozzie
Participant

oops, I was wrong. Those are foreclosures for Q2.

July 24, 2007 at 4:50 PM #67453

The-Shoveler
Participant

Nor_LA-Temcu-SD-Guy

“The biggest jump was in counties like Merced, Riverside, etc.”

If I am not mistaken foreclosures are at record levels in SD
and OC as well.

July 24, 2007 at 4:50 PM #67518

The-Shoveler
Participant

Nor_LA-Temcu-SD-Guy

“The biggest jump was in counties like Merced, Riverside, etc.”

If I am not mistaken foreclosures are at record levels in SD
and OC as well.

July 24, 2007 at 4:58 PM #67459

PerryChase
Participant

Humm.. interesting. Those foreclosures are soon to become inventory.

Is anyone tracking the foreclosed houses that were successfully resold? The delta would will be absolutely-must-sell inventory.

Wanna be buyers should do that for the zip-codes that the are interested in and share with us all. I ain’t buying nada until at least 2009, after the 2006 loan-reset foreclosures are processed.

July 24, 2007 at 4:58 PM #67525

PerryChase
Participant

Humm.. interesting. Those foreclosures are soon to become inventory.

Is anyone tracking the foreclosed houses that were successfully resold? The delta would will be absolutely-must-sell inventory.

Wanna be buyers should do that for the zip-codes that the are interested in and share with us all. I ain’t buying nada until at least 2009, after the 2006 loan-reset foreclosures are processed.
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