December foreclosures

[Eugene]

December foreclosure numbers are up at http://www.foreclosureforum.com/stats.html

2,784 defaults, 1,285 trustee sales

[stansd]

Holy Crap…that explains the low November.

A quick look at history seems to show that December often blips, though.

Jan often tends to be higher still, however.

Stan

[stansd]

Holy Crap…that explains the low November.

A quick look at history seems to show that December often blips, though.

Jan often tends to be higher still, however.

Stan

[stansd]

Holy Crap…that explains the low November.

A quick look at history seems to show that December often blips, though.

Jan often tends to be higher still, however.

Stan

[stansd]

Holy Crap…that explains the low November.

A quick look at history seems to show that December often blips, though.

Jan often tends to be higher still, however.

Stan

[stansd]

Holy Crap…that explains the low November.

A quick look at history seems to show that December often blips, though.

Jan often tends to be higher still, however.

Stan

[davelj]

Anyone know why the November numbers broke the trend so decisively only to have the trend reasserted with a vengeance in December? Someone mentioned in a previous post that maybe the November numbers represented a seasonal issue, or perhaps loan modifications were increasing, which I couldn’t disagree with. But the December numbers are a nightmare. If December is any indication of what 2008 numbers are going to look like… we could see 15,000+ trustee deeds next year, which is 250% of the worst year during the 90s (1996 to be exact). Oh Lawzy… lawzy lawzy lawzy.

[davelj]

Anyone know why the November numbers broke the trend so decisively only to have the trend reasserted with a vengeance in December? Someone mentioned in a previous post that maybe the November numbers represented a seasonal issue, or perhaps loan modifications were increasing, which I couldn’t disagree with. But the December numbers are a nightmare. If December is any indication of what 2008 numbers are going to look like… we could see 15,000+ trustee deeds next year, which is 250% of the worst year during the 90s (1996 to be exact). Oh Lawzy… lawzy lawzy lawzy.

[davelj]

Anyone know why the November numbers broke the trend so decisively only to have the trend reasserted with a vengeance in December? Someone mentioned in a previous post that maybe the November numbers represented a seasonal issue, or perhaps loan modifications were increasing, which I couldn’t disagree with. But the December numbers are a nightmare. If December is any indication of what 2008 numbers are going to look like… we could see 15,000+ trustee deeds next year, which is 250% of the worst year during the 90s (1996 to be exact). Oh Lawzy… lawzy lawzy lawzy.

[davelj]

Anyone know why the November numbers broke the trend so decisively only to have the trend reasserted with a vengeance in December? Someone mentioned in a previous post that maybe the November numbers represented a seasonal issue, or perhaps loan modifications were increasing, which I couldn’t disagree with. But the December numbers are a nightmare. If December is any indication of what 2008 numbers are going to look like… we could see 15,000+ trustee deeds next year, which is 250% of the worst year during the 90s (1996 to be exact). Oh Lawzy… lawzy lawzy lawzy.

[davelj]

Anyone know why the November numbers broke the trend so decisively only to have the trend reasserted with a vengeance in December? Someone mentioned in a previous post that maybe the November numbers represented a seasonal issue, or perhaps loan modifications were increasing, which I couldn’t disagree with. But the December numbers are a nightmare. If December is any indication of what 2008 numbers are going to look like… we could see 15,000+ trustee deeds next year, which is 250% of the worst year during the 90s (1996 to be exact). Oh Lawzy… lawzy lawzy lawzy.

[unbiasedobserver]

During the 90’s bust the monthly defaults peaked around 1100 per month, this Dec. over 2,700! I’m estimating 40,000 defaults in 2008 alone. This is getting far worse than even I believed it would.

[unbiasedobserver]

During the 90’s bust the monthly defaults peaked around 1100 per month, this Dec. over 2,700! I’m estimating 40,000 defaults in 2008 alone. This is getting far worse than even I believed it would.

[unbiasedobserver]

During the 90’s bust the monthly defaults peaked around 1100 per month, this Dec. over 2,700! I’m estimating 40,000 defaults in 2008 alone. This is getting far worse than even I believed it would.

[unbiasedobserver]

During the 90’s bust the monthly defaults peaked around 1100 per month, this Dec. over 2,700! I’m estimating 40,000 defaults in 2008 alone. This is getting far worse than even I believed it would.

[Author]

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