WOW NOD and TRUSTEE SALES SKY ROCKET IN JUNE!!!!!!!!!

[temeculaguy]

I don’t understand the FDIC stats so I can’t use them. Are they cumulative? Are they national? If something is 150 billion in 2008 and 160 billion in 2009, was there an additional 10 billion or 160 billion of new nonperforming assets. Since I can’t answer that question, even by visiting the website linked I don’t know how to interpret it.

BTW, none of this had to do with my hood, why you going there, again. I read the tea leaves, they are giving me conflicting signs, we got the owner of one of the biggest data sites to post and I wanted to ask some questions, that’t it. Your arguments are stuck in 2007, I made them then, pay very close attention, things can shift, they may very well be shifting, put that hammer away and you might see more than just nails sticking out.

[Rt.66]

Well said and funny with the nails metaphor.

It seems that anytime someone mentions the horrible, horrible numbers of foreclosures, especially on RealtyTrac, you jump in and pooh-pooh RTs figures. As if that will get a few Temeculeans paying their mortgage bill and save the next big drop in prices.

Really though, your kidding yourself. Take a look at that 3000 or so foreclosure figure RT shows for Temecula and add a thou.

[Rt.66]

Well said and funny with the nails metaphor.

It seems that anytime someone mentions the horrible, horrible numbers of foreclosures, especially on RealtyTrac, you jump in and pooh-pooh RTs figures. As if that will get a few Temeculeans paying their mortgage bill and save the next big drop in prices.

Really though, your kidding yourself. Take a look at that 3000 or so foreclosure figure RT shows for Temecula and add a thou.

[Rt.66]

Well said and funny with the nails metaphor.

It seems that anytime someone mentions the horrible, horrible numbers of foreclosures, especially on RealtyTrac, you jump in and pooh-pooh RTs figures. As if that will get a few Temeculeans paying their mortgage bill and save the next big drop in prices.

Really though, your kidding yourself. Take a look at that 3000 or so foreclosure figure RT shows for Temecula and add a thou.

[Rt.66]

Well said and funny with the nails metaphor.

It seems that anytime someone mentions the horrible, horrible numbers of foreclosures, especially on RealtyTrac, you jump in and pooh-pooh RTs figures. As if that will get a few Temeculeans paying their mortgage bill and save the next big drop in prices.

Really though, your kidding yourself. Take a look at that 3000 or so foreclosure figure RT shows for Temecula and add a thou.

[Rt.66]

Well said and funny with the nails metaphor.

It seems that anytime someone mentions the horrible, horrible numbers of foreclosures, especially on RealtyTrac, you jump in and pooh-pooh RTs figures. As if that will get a few Temeculeans paying their mortgage bill and save the next big drop in prices.

Really though, your kidding yourself. Take a look at that 3000 or so foreclosure figure RT shows for Temecula and add a thou.

[temeculaguy]

Rt. 66, here’s why I dislike R/T and why I am skeptical about some of the data, perhaps the owner of forecloure radar can help explain some of it.

I just ran my zip code on realtytrac, foreclosure radar and foreclosure dot com. Wildly different results and R/T is always the highest.

R/T

704 nods
424 nots
537 bank owned

Radar

580 nods
302 nots
183 bank owned

f dot com

719 nods and nots (they combine them)
330 bank owned

Combined nod not for r/t is 30-50% more than the other 2 services and the bank owned is 3x what radar says. It makes me go hmmm, and sometimes causes me to pooh pooh the data from all of them.

How do three websites using the same county recorders office get wildly different numbers?

It’s like three network news weather guys, one says it will be 60 one says it will be 80 and one says it will be 100, just because you are planning to hang by the pool, don’t listen to the guy who says it will be hot and ignore the rest, they could all be wrong, at least two of them are.

I say you listen to all three weather guys, then look outside, then look at your own thermometer, then talk to the old guys at the barber shop and even if after all that, you decide to wear shorts, bring a jacket just in case.

BTW, Thanks for the compliment, see, even we can get along.

[temeculaguy]

Rt. 66, here’s why I dislike R/T and why I am skeptical about some of the data, perhaps the owner of forecloure radar can help explain some of it.

I just ran my zip code on realtytrac, foreclosure radar and foreclosure dot com. Wildly different results and R/T is always the highest.

R/T

704 nods
424 nots
537 bank owned

Radar

580 nods
302 nots
183 bank owned

f dot com

719 nods and nots (they combine them)
330 bank owned

Combined nod not for r/t is 30-50% more than the other 2 services and the bank owned is 3x what radar says. It makes me go hmmm, and sometimes causes me to pooh pooh the data from all of them.

How do three websites using the same county recorders office get wildly different numbers?

It’s like three network news weather guys, one says it will be 60 one says it will be 80 and one says it will be 100, just because you are planning to hang by the pool, don’t listen to the guy who says it will be hot and ignore the rest, they could all be wrong, at least two of them are.

I say you listen to all three weather guys, then look outside, then look at your own thermometer, then talk to the old guys at the barber shop and even if after all that, you decide to wear shorts, bring a jacket just in case.

BTW, Thanks for the compliment, see, even we can get along.

[temeculaguy]

Rt. 66, here’s why I dislike R/T and why I am skeptical about some of the data, perhaps the owner of forecloure radar can help explain some of it.

I just ran my zip code on realtytrac, foreclosure radar and foreclosure dot com. Wildly different results and R/T is always the highest.

R/T

704 nods
424 nots
537 bank owned

Radar

580 nods
302 nots
183 bank owned

f dot com

719 nods and nots (they combine them)
330 bank owned

Combined nod not for r/t is 30-50% more than the other 2 services and the bank owned is 3x what radar says. It makes me go hmmm, and sometimes causes me to pooh pooh the data from all of them.

How do three websites using the same county recorders office get wildly different numbers?

It’s like three network news weather guys, one says it will be 60 one says it will be 80 and one says it will be 100, just because you are planning to hang by the pool, don’t listen to the guy who says it will be hot and ignore the rest, they could all be wrong, at least two of them are.

I say you listen to all three weather guys, then look outside, then look at your own thermometer, then talk to the old guys at the barber shop and even if after all that, you decide to wear shorts, bring a jacket just in case.

BTW, Thanks for the compliment, see, even we can get along.

[temeculaguy]

Rt. 66, here’s why I dislike R/T and why I am skeptical about some of the data, perhaps the owner of forecloure radar can help explain some of it.

I just ran my zip code on realtytrac, foreclosure radar and foreclosure dot com. Wildly different results and R/T is always the highest.

R/T

704 nods
424 nots
537 bank owned

Radar

580 nods
302 nots
183 bank owned

f dot com

719 nods and nots (they combine them)
330 bank owned

Combined nod not for r/t is 30-50% more than the other 2 services and the bank owned is 3x what radar says. It makes me go hmmm, and sometimes causes me to pooh pooh the data from all of them.

How do three websites using the same county recorders office get wildly different numbers?

It’s like three network news weather guys, one says it will be 60 one says it will be 80 and one says it will be 100, just because you are planning to hang by the pool, don’t listen to the guy who says it will be hot and ignore the rest, they could all be wrong, at least two of them are.

I say you listen to all three weather guys, then look outside, then look at your own thermometer, then talk to the old guys at the barber shop and even if after all that, you decide to wear shorts, bring a jacket just in case.

BTW, Thanks for the compliment, see, even we can get along.

[temeculaguy]

Rt. 66, here’s why I dislike R/T and why I am skeptical about some of the data, perhaps the owner of forecloure radar can help explain some of it.

I just ran my zip code on realtytrac, foreclosure radar and foreclosure dot com. Wildly different results and R/T is always the highest.

R/T

704 nods
424 nots
537 bank owned

Radar

580 nods
302 nots
183 bank owned

f dot com

719 nods and nots (they combine them)
330 bank owned

Combined nod not for r/t is 30-50% more than the other 2 services and the bank owned is 3x what radar says. It makes me go hmmm, and sometimes causes me to pooh pooh the data from all of them.

How do three websites using the same county recorders office get wildly different numbers?

It’s like three network news weather guys, one says it will be 60 one says it will be 80 and one says it will be 100, just because you are planning to hang by the pool, don’t listen to the guy who says it will be hot and ignore the rest, they could all be wrong, at least two of them are.

I say you listen to all three weather guys, then look outside, then look at your own thermometer, then talk to the old guys at the barber shop and even if after all that, you decide to wear shorts, bring a jacket just in case.

BTW, Thanks for the compliment, see, even we can get along.

[mwtosd]

[quote=temeculaguy]Sean, you threw your credentials down so I’m gonna take the opportunity to ask a burning question. BTW, nice to see a celeb in the house, welcome.

What steps does your site take to remove listings (be they nod, not or bank owned)? We have had many a discussion on the boards about using sites like yours for stats as opposed to leads. I process but they still show up on the maps (I’m generalizing the various sites but have found it on yours as well).

[/quote]

Thanks for asking that question, I would have asked the same. I hope Sean does see your question. Maybe he is taking time to figure out how to answer it.

[mwtosd]

[quote=temeculaguy]Sean, you threw your credentials down so I’m gonna take the opportunity to ask a burning question. BTW, nice to see a celeb in the house, welcome.

What steps does your site take to remove listings (be they nod, not or bank owned)? We have had many a discussion on the boards about using sites like yours for stats as opposed to leads. I process but they still show up on the maps (I’m generalizing the various sites but have found it on yours as well).

[/quote]

Thanks for asking that question, I would have asked the same. I hope Sean does see your question. Maybe he is taking time to figure out how to answer it.

[mwtosd]

[quote=temeculaguy]Sean, you threw your credentials down so I’m gonna take the opportunity to ask a burning question. BTW, nice to see a celeb in the house, welcome.

What steps does your site take to remove listings (be they nod, not or bank owned)? We have had many a discussion on the boards about using sites like yours for stats as opposed to leads. I process but they still show up on the maps (I’m generalizing the various sites but have found it on yours as well).

[/quote]

Thanks for asking that question, I would have asked the same. I hope Sean does see your question. Maybe he is taking time to figure out how to answer it.

[mwtosd]

[quote=temeculaguy]Sean, you threw your credentials down so I’m gonna take the opportunity to ask a burning question. BTW, nice to see a celeb in the house, welcome.

What steps does your site take to remove listings (be they nod, not or bank owned)? We have had many a discussion on the boards about using sites like yours for stats as opposed to leads. I process but they still show up on the maps (I’m generalizing the various sites but have found it on yours as well).

[/quote]

Thanks for asking that question, I would have asked the same. I hope Sean does see your question. Maybe he is taking time to figure out how to answer it.

[Author]

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