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PerryChase
ParticipantSome interesting numbers from the article.
“In the first half of 2007, the county had a record 2,896 foreclosures” If we assume this rate, that 2007 will close at about 5800 foreclosures.
“Today, of the nearly 24,000 listings of resale houses, condominiums and mobile homes, roughly one-fifth were identified by Sandicor a local multiple listing service, as distressed properties either in foreclosure or approaching the stage where owners could lose their homes.” 1/5 means about 4800 as distressed. But that includes all the short sales and NODs that are not yet foreclosed.
It’s obvious that all the foreclosed properties are not on the market yet. Could we hit close to 30,000 listings in 2008 with distressed properties making up a larger proportion of that?
ParticipantSome interesting numbers from the article.
“In the first half of 2007, the county had a record 2,896 foreclosures” If we assume this rate, that 2007 will close at about 5800 foreclosures.
“Today, of the nearly 24,000 listings of resale houses, condominiums and mobile homes, roughly one-fifth were identified by Sandicor a local multiple listing service, as distressed properties either in foreclosure or approaching the stage where owners could lose their homes.” 1/5 means about 4800 as distressed. But that includes all the short sales and NODs that are not yet foreclosed.
It’s obvious that all the foreclosed properties are not on the market yet. Could we hit close to 30,000 listings in 2008 with distressed properties making up a larger proportion of that?
ParticipantSome interesting numbers from the article.
“In the first half of 2007, the county had a record 2,896 foreclosures” If we assume this rate, that 2007 will close at about 5800 foreclosures.
“Today, of the nearly 24,000 listings of resale houses, condominiums and mobile homes, roughly one-fifth were identified by Sandicor a local multiple listing service, as distressed properties either in foreclosure or approaching the stage where owners could lose their homes.” 1/5 means about 4800 as distressed. But that includes all the short sales and NODs that are not yet foreclosed.
It’s obvious that all the foreclosed properties are not on the market yet. Could we hit close to 30,000 listings in 2008 with distressed properties making up a larger proportion of that?
ParticipantAnother excellent post, bugs.
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Did you guys notice that real estate news (mostly negative these days) have the comments disabled on the UT website?
ParticipantAnother excellent post, bugs.
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Did you guys notice that real estate news (mostly negative these days) have the comments disabled on the UT website?
ParticipantAnother excellent post, bugs.
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Did you guys notice that real estate news (mostly negative these days) have the comments disabled on the UT website?
ParticipantI can’t stand Kouric. She was supposed to bring an empathetic style to primetime news and revive CBS’ ratings. But the ratings have fallen further. No surprise there. I hope that it won’t be long before they move her to another show. She sounds very phony to me.
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Kelly Bennett who writes the housing column for Voice of San Diego sometimes posts on Piggington.
ParticipantI can’t stand Kouric. She was supposed to bring an empathetic style to primetime news and revive CBS’ ratings. But the ratings have fallen further. No surprise there. I hope that it won’t be long before they move her to another show. She sounds very phony to me.
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Kelly Bennett who writes the housing column for Voice of San Diego sometimes posts on Piggington.
ParticipantI can’t stand Kouric. She was supposed to bring an empathetic style to primetime news and revive CBS’ ratings. But the ratings have fallen further. No surprise there. I hope that it won’t be long before they move her to another show. She sounds very phony to me.
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Kelly Bennett who writes the housing column for Voice of San Diego sometimes posts on Piggington.
ParticipantGreat post, TheBreeze. Interesting to watch the new “developments” in the homebuilding industry.
ParticipantGreat post, TheBreeze. Interesting to watch the new “developments” in the homebuilding industry.
ParticipantGreat post, TheBreeze. Interesting to watch the new “developments” in the homebuilding industry.
August 5, 2007 at 11:05 PM in reply to: Wesley Hogan or “the biggest no brainer in the history of mankind” #70736ParticipantI don’t listen to these stations either. But love your style and your comments.
August 5, 2007 at 11:05 PM in reply to: Wesley Hogan or “the biggest no brainer in the history of mankind” #70853ParticipantI don’t listen to these stations either. But love your style and your comments.
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