Home › Forums › Closed Forums › Properties or Areas › San Diego REO activity
- This topic has 15 replies, 2 voices, and was last updated 15 years, 3 months ago by
Eugene.
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AuthorPosts
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November 30, 2007 at 8:46 PM #11033
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November 30, 2007 at 9:13 PM #106017
Eugene
ParticipantP.S.
Dates correspond to foreclosure auctions, it takes 2-3 months for a house to appear in the MLS after the auction.
October numbers are projected based on foreclosure activity through mid-October.
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December 1, 2007 at 12:28 PM #106366
NotCranky
ParticipantJust wanted to say thanks for posting this e. It is undeniable that we have at least one section of the metropolis that is a raging fire.Thanks to Cramer the news has gone national including street names. This is the area some of us expected would go first(and that most piggs are not concerned with). I have had the pleasure of warning a couple in Encanto to sell and rent and actually having them listen. They pocketed 85k which is everything they have and which would have been gone by now.
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December 1, 2007 at 9:07 PM #106960Participant
A couple more observations.
Not only do coastal and inland areas of San Diego show relatively low levels of foreclosure activity, but so far at least 1/3 of all REOs in these areas are condos. There’s very little distress among single-family houses in good areas.
Among those houses that do get foreclosed upon, considerable numbers are neither listed nor resold. Banks seem to be simply sitting on them. (Random example: 7958 Camino Tranquilo in University City)
It’s interesting to compare these rates with Temecula/Murrieta, but I can’t find any foreclosure data for Riverside County.
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December 1, 2007 at 9:07 PM #107056Participant
A couple more observations.
Not only do coastal and inland areas of San Diego show relatively low levels of foreclosure activity, but so far at least 1/3 of all REOs in these areas are condos. There’s very little distress among single-family houses in good areas.
Among those houses that do get foreclosed upon, considerable numbers are neither listed nor resold. Banks seem to be simply sitting on them. (Random example: 7958 Camino Tranquilo in University City)
It’s interesting to compare these rates with Temecula/Murrieta, but I can’t find any foreclosure data for Riverside County.
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December 1, 2007 at 9:07 PM #107089Participant
A couple more observations.
Not only do coastal and inland areas of San Diego show relatively low levels of foreclosure activity, but so far at least 1/3 of all REOs in these areas are condos. There’s very little distress among single-family houses in good areas.
Among those houses that do get foreclosed upon, considerable numbers are neither listed nor resold. Banks seem to be simply sitting on them. (Random example: 7958 Camino Tranquilo in University City)
It’s interesting to compare these rates with Temecula/Murrieta, but I can’t find any foreclosure data for Riverside County.
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December 1, 2007 at 9:07 PM #107096Participant
A couple more observations.
Not only do coastal and inland areas of San Diego show relatively low levels of foreclosure activity, but so far at least 1/3 of all REOs in these areas are condos. There’s very little distress among single-family houses in good areas.
Among those houses that do get foreclosed upon, considerable numbers are neither listed nor resold. Banks seem to be simply sitting on them. (Random example: 7958 Camino Tranquilo in University City)
It’s interesting to compare these rates with Temecula/Murrieta, but I can’t find any foreclosure data for Riverside County.
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December 1, 2007 at 9:07 PM #107117Participant
A couple more observations.
Not only do coastal and inland areas of San Diego show relatively low levels of foreclosure activity, but so far at least 1/3 of all REOs in these areas are condos. There’s very little distress among single-family houses in good areas.
Among those houses that do get foreclosed upon, considerable numbers are neither listed nor resold. Banks seem to be simply sitting on them. (Random example: 7958 Camino Tranquilo in University City)
It’s interesting to compare these rates with Temecula/Murrieta, but I can’t find any foreclosure data for Riverside County.
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December 1, 2007 at 12:28 PM #106463Participant
Just wanted to say thanks for posting this e. It is undeniable that we have at least one section of the metropolis that is a raging fire.Thanks to Cramer the news has gone national including street names. This is the area some of us expected would go first(and that most piggs are not concerned with). I have had the pleasure of warning a couple in Encanto to sell and rent and actually having them listen. They pocketed 85k which is everything they have and which would have been gone by now.
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December 1, 2007 at 12:28 PM #106494Participant
Just wanted to say thanks for posting this e. It is undeniable that we have at least one section of the metropolis that is a raging fire.Thanks to Cramer the news has gone national including street names. This is the area some of us expected would go first(and that most piggs are not concerned with). I have had the pleasure of warning a couple in Encanto to sell and rent and actually having them listen. They pocketed 85k which is everything they have and which would have been gone by now.
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December 1, 2007 at 12:28 PM #106500Participant
Just wanted to say thanks for posting this e. It is undeniable that we have at least one section of the metropolis that is a raging fire.Thanks to Cramer the news has gone national including street names. This is the area some of us expected would go first(and that most piggs are not concerned with). I have had the pleasure of warning a couple in Encanto to sell and rent and actually having them listen. They pocketed 85k which is everything they have and which would have been gone by now.
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December 1, 2007 at 12:28 PM #106522Participant
Just wanted to say thanks for posting this e. It is undeniable that we have at least one section of the metropolis that is a raging fire.Thanks to Cramer the news has gone national including street names. This is the area some of us expected would go first(and that most piggs are not concerned with). I have had the pleasure of warning a couple in Encanto to sell and rent and actually having them listen. They pocketed 85k which is everything they have and which would have been gone by now.
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November 30, 2007 at 9:13 PM #106111Participant
P.S.
Dates correspond to foreclosure auctions, it takes 2-3 months for a house to appear in the MLS after the auction.
October numbers are projected based on foreclosure activity through mid-October.
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November 30, 2007 at 9:13 PM #106144Participant
P.S.
Dates correspond to foreclosure auctions, it takes 2-3 months for a house to appear in the MLS after the auction.
October numbers are projected based on foreclosure activity through mid-October.
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November 30, 2007 at 9:13 PM #106153Participant
P.S.
Dates correspond to foreclosure auctions, it takes 2-3 months for a house to appear in the MLS after the auction.
October numbers are projected based on foreclosure activity through mid-October.
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November 30, 2007 at 9:13 PM #106169Participant
P.S.
Dates correspond to foreclosure auctions, it takes 2-3 months for a house to appear in the MLS after the auction.
October numbers are projected based on foreclosure activity through mid-October.
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