Very mixed stories. Del Mar

[Jazzman]

Very mixed stories.

Del Mar had a surge in NODs in July that fell off in August. But notice the number of cancellations. There does seem to be an inverse relationship between NODs and cancellations.
http://www.foreclosureradar.com/california/san-diego-county/del-mar-foreclosures/listings

Encinitas had a four month run on NODs to Aug 2011, but cancellations remain consistent. Notice however, how pre-foreclosure inventory sky-rockets in June.
http://www.foreclosureradar.com/california/san-diego-county/encinitas-foreclosures/listings

Rancho Santa Fe NODs increase 100% from June 2011 and we see that same inverse relationship with cancellations, yet pre-foreclosure inventory remains static, which you’d expect I guess.
http://www.foreclosureradar.com/california/san-diego-county/rancho-santa-fe-foreclosures/listings

Temecula shares more in common with Encinitas than Del Mar.
http://www.foreclosureradar.com/california/riverside-county/temecula-foreclosures/listings

I don’t know how reliable the data to be, nor whether other explanations can be given for them??? One common denominator is the sharp increase in NODs