Please read the parameters of how I performed the search. What I used was the MLS and it was only for detached homes using the strings I presented. There may indeed be many more distressed condos and/or detached homes that are not on the MLS. I only go by the data I presented.
Have you parsed through the Carlsbad data to see which homes are condos? The other thing that is troubling to me is I sent some email to Realtytrac which is indicative of these third party providers and I was never sent a response.
My question was, when there is a NOD or NOT that has been recorded but not cured, when is that NOD or NOT removed from your statistics. Well they never got back to me on that.
Does anyone have any idea?
Finally, if you want to provide me with the addresses of the REO properties from the graph above I will be more then happy to do a lookup to see how recent the REO is.