Now back to our regularly scheduled programming on NOD’s

[North County Jim]

Josh,

I don’t know. It could be related to days between reports. There aren’t consistent 7-day gaps between the reports. The latest report had a 9-day gap from the prior report as did the August 8 report.

[Artifact]

Here is the figure with the last two weeks data included. I would agree that the weekly variation includes quite a bit of noise, what is becoming apparrent now that we have enough weeks data to look at is that there is an overall trend upward, not “skyrocketing”, but it is increasing – the last time there was a week with less than 100 REO’s was the 10th to 17th of July and in some weeks it is substantially higher than that. The same is true of the other two numbers as well – July 2 was the low point. For the past 7 weeks, we have averaged 148 REO’s per week, for the 7 weeks prior to that it was 108.

T

[img_assist|nid=4575|title= NOD’s, NOT’s and REO’s|desc=|link=node|align=left|width=466|height=242]

[North County Jim]

If anyone is still interested in the weekly numbers, here’s the last four weeks:

September 11 Report

294 NODs
122 NOTs
116 REOs

September 17 Report

496 NODs
291 NOTs
85 REOs

September 24 Report

357 NODs
287 NOTs
175 REOs

October 2 Report

678 NODs
384 NOTs
193 REOs

[davelj]

So, correct me if I’m wrong but it looks as though we’re going to break the vaunted 1,000/month NOT level for September for the first time here in San Diego County. Congratulations all!

Now, let’s see what impact this will have on prices going forward…

[CardiffBaseball]

Doesn’t the imply NOT can lead sales for the month?

[sdrealtor]

The NOD list from my Title rep this week was 162 pages long which is a considerable jump in size. The number of NOD’s in the lower income areas (Chula Vista, National City, El Cajon, Escondido, Oceanside etc.) is simply staggering. The more desireable areas continue to have very few NOD’s.

[sdrealtor]

The NOD list from my Title rep this week was 162 pages long which is a considerable jump in size. The number of NOD’s in the lower income areas (Chula Vista, National City, El Cajon, Escondido, Oceanside etc.) is simply staggering. The more desireable areas continue to have very few NOD’s.

[North County Jim]

October 9 Report

616 NODs
322 NOTs
60 REOs

That is a staggering number of NODs.

[North County Jim]

October 9 Report

616 NODs
322 NOTs
60 REOs

That is a staggering number of NODs.

[Author]

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