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cr.
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October 11, 2007 at 7:20 AM #10568October 11, 2007 at 8:25 AM #88012
golfproz
ParticipantMore media spin.
August had 23 business days while September only had 19. On a “per day” basis foreclosures were up in September.
They are grasping at straws….again.
October 11, 2007 at 8:25 AM #88017golfproz
ParticipantMore media spin.
August had 23 business days while September only had 19. On a “per day” basis foreclosures were up in September.
They are grasping at straws….again.
October 11, 2007 at 8:33 AM #88015pertinazzio
ParticipantWow! You guys are amazing. I never would have thought of that! Makes sense though.
Beatus ille qui procul negotiis … paterna rura bobus exercet suis, solutus omni fenore….. Horace
October 11, 2007 at 8:33 AM #88019pertinazzio
ParticipantWow! You guys are amazing. I never would have thought of that! Makes sense though.
Beatus ille qui procul negotiis … paterna rura bobus exercet suis, solutus omni fenore….. Horace
October 11, 2007 at 8:33 AM #88016snail
ParticipantYou have to look into the trend. Its an increasing trend line so far, one month drop from prior month doesn’t mean nothing if the trend still facing upward. Also like what Golfpro said less day count in September. Its not statistical fluke its call bull-trap.
October 11, 2007 at 8:33 AM #88021snail
ParticipantYou have to look into the trend. Its an increasing trend line so far, one month drop from prior month doesn’t mean nothing if the trend still facing upward. Also like what Golfpro said less day count in September. Its not statistical fluke its call bull-trap.
October 11, 2007 at 8:58 AM #88026golfproz
ParticipantIf you take the numbers and do the math you get…
August 57,875 (23 days) is 2516 per day
Sept 51,259 (19 days) is 2697 per day
That works out to roughly a 7% increase per day from August to September.
October 11, 2007 at 8:58 AM #88031golfproz
ParticipantIf you take the numbers and do the math you get…
August 57,875 (23 days) is 2516 per day
Sept 51,259 (19 days) is 2697 per day
That works out to roughly a 7% increase per day from August to September.
October 11, 2007 at 10:07 AM #88048HereWeGo
ParticipantI’m a little surprised Olick missed that fact (the notices/business day stat.)
October 11, 2007 at 10:07 AM #88053HereWeGo
ParticipantI’m a little surprised Olick missed that fact (the notices/business day stat.)
October 11, 2007 at 11:01 AM #88076SD Realtor
ParticipantAgreed with the poster about the trend line being more important then any monthly results. It is a marathon not a sprint. Just keep patient and keep your time horizon realistic. Personally I am still irritated that the foreclosures rate for homes in the neighborhoods I want to live in is agonizingly low. I do not believe it will pick up for awhile.
SD Realtor
October 11, 2007 at 11:01 AM #88081SD Realtor
ParticipantAgreed with the poster about the trend line being more important then any monthly results. It is a marathon not a sprint. Just keep patient and keep your time horizon realistic. Personally I am still irritated that the foreclosures rate for homes in the neighborhoods I want to live in is agonizingly low. I do not believe it will pick up for awhile.
SD Realtor
October 11, 2007 at 11:30 AM #88090cr
ParticipantYear over Year is better:
U.S. Foreclosure Filings Nearly Double in September Over Same Month a Year Ago
“California’s foreclosure rate was one filing for every 253 households. The state reported the most foreclosure filings of any single state with 51,259, down 11 percent from August but a fourfold increase from September of last year.”
Anyone still think prices won’t fall? If so, I’ve got some swampland to sell you.
October 11, 2007 at 11:30 AM #88095cr
ParticipantYear over Year is better:
U.S. Foreclosure Filings Nearly Double in September Over Same Month a Year Ago
“California’s foreclosure rate was one filing for every 253 households. The state reported the most foreclosure filings of any single state with 51,259, down 11 percent from August but a fourfold increase from September of last year.”
Anyone still think prices won’t fall? If so, I’ve got some swampland to sell you.
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