An interesting side note… someone asked me to look into a property that was sold at a trustee sale recently. I called the lender to find out if/when it would be farmed out to a broker to market it the property on the MLS. The lender said it would not be and would be sent straight to auction. They indicated they are doing this with more properties.
An interesting side note… someone asked me to look into a property that was sold at a trustee sale recently. I called the lender to find out if/when it would be farmed out to a broker to market it the property on the MLS. The lender said it would not be and would be sent straight to auction. They indicated they are doing this with more properties.
An interesting side note… someone asked me to look into a property that was sold at a trustee sale recently. I called the lender to find out if/when it would be farmed out to a broker to market it the property on the MLS. The lender said it would not be and would be sent straight to auction. They indicated they are doing this with more properties.
I decided to go ahead and post an updated figure with the last few weeks data included. There is definitely a general trend upward, but plotted on a week to week basis, the data are very noisy – On a month-to-month basis, there is a pretty clear increase, most clearly seen in the NOD’s.
[img_assist|nid=4304|title= NOD’s, NOT’s and REO’s|desc=|link=node|align=left|width=466|height=273]
I decided to go ahead and post an updated figure with the last few weeks data included. There is definitely a general trend upward, but plotted on a week to week basis, the data are very noisy – On a month-to-month basis, there is a pretty clear increase, most clearly seen in the NOD’s.
[img_assist|nid=4304|title= NOD’s, NOT’s and REO’s|desc=|link=node|align=left|width=466|height=273]
I decided to go ahead and post an updated figure with the last few weeks data included. There is definitely a general trend upward, but plotted on a week to week basis, the data are very noisy – On a month-to-month basis, there is a pretty clear increase, most clearly seen in the NOD’s.
[img_assist|nid=4304|title= NOD’s, NOT’s and REO’s|desc=|link=node|align=left|width=466|height=273]
Adding up the 4 weeks of August gives a thousand NOTs! If this is what gets reflected in the official released data, I think that will have a huge psychological effect on the populace. The wheels are coming off this market much faster than I expected.
