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Tracking Foreclosures and Pre-Foreclosures

Using foreclosure.com as the source, foreclosure figures are listed first, pre-foreclosures are listed next, with the % of pre-foreclosures moving forward to foreclosures in parentheses. These are cumulative numbers. Special thanks to reader moqui for Aug '05 and June '06 data.

San Diego County
08/25/05: 83/3,087 (2.7%)
06/15/06: 354/4,382 (8.1%)
10/31/06: 998/4,983 (20.0%)
11/30/06: 1,304/5,245 (24.9%)
12/30/06: 1,251/4,637 (27.0%)
01/30/07: 1,475/4,760 (31.0%)
02/27/07: 1,879/5,008 (37.5%)
03/30/07: 2,845/5,223 (54,5%)
04/30/07: 3,909/5,295 (73.8%)
05/30/07: 4,438/5,938 (74.7%)
06/30/07: 5,164/6,310 (81.8%)
07/30/07: 5,072/6,513 (77.9%)
09/07/07: 5,911/6,921 (85.4%)
09/30/07: 6,032/7,499 (80.4%)
10/31/07: 5,764/8,248
12/10/07: 2,437/7,952

Los Angeles County
08/25/05: 144/12,060 (1.2%)
06/15/06: 698/13,712 (5.1%)
10/31/06: 725/12,136 (6.0%)
11/30/06: 922/13,357 (6.9%)
12/30/06: 1,115/11,451 (9.7%)
01/30/07: 1,306/11,733 (11.1%)
02/27/07: 1,654/12,201 (13.6%)
03/30/07: 2,094/12,440 (16.8%)
04/30/07: 3,297/12,525 (26.3%)
05/30/07: 4,791/14,143 (33.9%)
06/30/07: 5,791/15,110 (38.3%)
07/30/07: 5,880/16,246 (36.2%)
09/07/07: 6,421/17,868 (35.9%)
09/30/07: 6,242/18,568 (33.6%)
10/31/07: 6,888/19,960
12/10/07: 4,254/19,480

Riverside County
08/25/05: 84/7,250 (1.2%)
06/15/06: 420/9,561 (4.4%)
10/31/06: 652/5,798 (11.2%)
11/30/06: 838/6,856 (12.2%)
12/30/06: 976/5,804 (16.8%)
01/30/07: 1,206/6,318 (19.1%)
02/27/07: 1,495/6,814 (21.9%)
03/30/07: 1,989/7,122 (27.9%)
04/30/07: 2,846/7,358 (38.7%)
05/30/07: 3,923/8,478 (46.3%)
06/30/07: 4,519/8,955 (50.5%)
07/30/07: 3,956/9,700 (40.8%)
09/07/07: 4,477/10,548 (42.4%)
09/30/07: 4,515/11,575 (39.0%)
10/31/07: 4,392/12,495
12/10/07: 3,996/11,577

Orange County
08/25/05: 19/4,028 (0.5%)
06/15/06: 152/5,194 (2.9%)
10/31/06: 182/3,094 (5.9%)
11/30/06: 269/3,308 (8.1%)
12/30/06: 331/2,800 (11.8%)
01/30/07: 398/2,890 (13.8%)
02/27/07: 491/3,051 (16.1%)
03/30/07: 613/3,261 (18.8%)
04/30/07: 956/3,368 (28.4%)
05/30/07: 1,239/3,804 (32.6%)
06/30/07: 1,536/3,890 (39.5%)
07/30/07: 1,490/4,092 (36.4%)
09/07/07: 1,546/4,576 (33.8%)
09/30/07: 1,647/4,757 (34.6%)
10/31/07: 1,535/5,039
12/10/07: 1,347/4,735

Ventura County
10/31/06: 95/1,033 (9.2%)
11/30/06: 118/1,133 (10.4%)
12/30/06: 146/1,053 (13.9%)
01/30/07: 165/1,046 (15.8%)
02/27/07: 208/1,206 (17.2%)
03/30/07: 272/1,201 (22.6%)
04/30/07: 392/1,211 (32.4%)
05/30/07: 499/1,306 (38.2%)
06/30/07: 559/1,386 (40.3%)
07/30/07: 566/1,467 (38.6%)
09/07/07: 563/1,597 (35.3%)
09/30/07: 571/1,748 (32.7%)
10/31/07: 561/1,872
12/10/07: 393/1,754

San Bernardino County
08/25/05: 104/7,252 (1.4%)
06/15/06: 285/8,844 (3.2%)
10/31/06: 314/4,749 (6.6%)
11/30/06: 426/5,617 (7.6%)
12/30/06: 507/4,822 (10.5%)
01/30/07: 629/5,057 (12.4%)
02/27/07: 824/5,517 (14.9%)
03/30/07: 1,073/5,493 (19.5%)
04/30/07: 1,266/5,596 (22.6%)
05/30/07: 2,205/6,467 (34.1%)
06/30/07: 2,802/6,973 (40.2%)
07/30/07: 2,562/7,646 (33.5%)
09/07/07: 2,749/8,669 (31.7%)
09/30/07: 2,790/9,089 (30.7%)
10/31/07: 2,915/9,796
12/10/07: 2,386/9,025

Sacramento 4 County Metro
10/31/06: 671/3,059 (21.9%)
11/30/06: 908/2,985 (30.4%)
12/30/06: 1,062/3,167 (33.5%)
01/30/07: 1,322/5,000 (26.4%)
02/27/07: 2,804/5,209 (53.8%)
03/30/07: 3,581/5,467 (65.5%)
04/30/07: 4,627/5,791 (79.9%)
05/30/07: 5,096/6,639 (76.8%)
06/30/07: 6,285/6,847 (92.8%)
07/30/07: 5,640/7,372 (76.5%)
09/07/07: 7,243/8,388 (86.3%)
09/30/07: 5,947/9,144 (65.0%)
10/31/07: 5,735/9,870
12/10/07: 6,286/10,811

Santa Clara County
10/31/06: 79/1,293 (6.1%)
11/30/06: 101/1,347 (7.5%)
12/30/06: 119/1,195 (10.0%)
01/30/07: 140/1,205 (11.6%)
02/27/07: 161/1,217 (13.2%)
03/30/07: 201/1,253 (16.0%)
04/30/07: 313/1,402 (22.3%)
05/30/07: 392/1,554 (25.2%)
06/30/07: 503/1,698 (29.6%)
07/30/07: 473/1,771 (26.7%)
09/07/07: 534/1,972 (27.1%)
09/30/07: 638/2,106 (30.3%)
10/31/07: 658/2,243
12/10/07: 550/2,307

Las Vegas/Clark County
10/31/06: 797/6,311 (12.6%)
11/30/06: 1,071/7,222 (14.8%)
12/30/06: 1,240/6,813 (18.2%)
01/30/07: 1,484/6,912 (21.5%)
02/27/07: 2,170/6,560 (33.1%)
03/30/07: 2,533/6,888 (36.8%)
04/30/07: 3,180/7,191 (44.2%)
05/30/07: 3,888/8,250 (47.1%)
06/30/07: 4,528/8,630 (52.5%)
07/30/07: 4,590/9,133 (50.3%)
09/07/07: 5,101/9,958 (51.2%)
09/30/07: 5,132/10,065 (51.0%)
10/31/07: 5,362/11,088
12/10/07: 4,345/11,481

Phoenix Metro/Maricopa-Pinal Counties
10/31/06: 913/6,764 (13.5%)
11/30/06: 1,022/7,307 (14.0%)
12/30/06: 1,148/5,539 (20.7%)
01/30/07: 1,507/5,671 (26.6%)
02/27/07: 2,333/5,571 (41.9%)
03/30/07: 2,747/5,616 (48.9%)
04/30/07: 3,957/6,349 (62.3%)
05/30/07: 5,372/7,079 (75.9%)
06/30/07: 7,753/7,283 (106.5%)
07/30/07: 9,235/7,324 (126.1%)
09/07/07: 12,438/7,686 (161.8%)
09/30/07: 12,595/8,534 (147.6%)
10/31/07: 12,908/8,771
12/10/07: 5,792/11,446

Seattle Metro/King-Snohomish Counties
10/31/06: 195/2,165 (9.0%)
11/30/06: 126/2,376 (5.3%)
12/30/06: 131/1,500 (8.7%)
01/30/07: 146/1,548 (9.4%)
02/27/07: 124/1,503 (8.3%)
03/30/07: 251/1,466 (17.1%)
04/30/07: 511/1,566 (32.6%)
05/30/07: 750/1,742 (43.1%)
06/30/07: 1,134/1,589 (71.4%)
07/30/07: 1,354/1,368 (99.0%)
09/07/07: 1,567/1,221 (128.3%)
09/30/07: 1,489/1,222 (121.9%)
10/31/07: 1,553/1,204
12/10/07: 574/1,632

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    Population 2007: 4.1 million
    01/01/2007 Listing per population ratio 1:85
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    Population 2007: 1.9 million
    01/01/2007 Listing per population ratio 1:86
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    04/2007: 27,620 (1,677)___04/2006: 19,871 (2,807)
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    06/2007: 29,646 (1,820)___06/2006: 22,479 (3,097)

  • A month ago Jim the Realtor reminded us of the backlog of REOs using the Deutsche Bank as an example. In his survey back in December of '07, Jim found the following:

    Here is the survey of 123 Deutsche REOs in North County:
    --64 active listings
    --18 pending listings
    --41 homes not on market yet (33%)

    Jim reported at the time that his foreclosing neighbor at the time was still living rent free 4 months after their foreclosure. Which reminds us of this gem in 4Closure Ranch...

  • Few of the interesting points here regarding these 11 homes:--2 out of 11 are listed for sale--11 out of 11 were purchased or constructed after 2003--11 out of 11 were refi'd, purchased or constructed after 2004--4 of 11 are from 4S Ranch proper--2 of 11 are from Santaluz
    11353 AVENIDA DE LOS LOBOS #E, SAN DIEGO 92127
    --1,230 sqft
    --11/04/2005: purchased for $390,000
    --05/30/2008: NOD
    --not listed or pending

    17081 W BERNARDO DR #102, SAN DIEGO 92127
    --1,040 sqft
    --09/27/2004: purchased for $362,990
    --11/21/2007: listed for $224,777-$249,777
    --05/30/2008: NOD

    16588 GETTYSBURG DR, SAN DIEGO 92127

  • Our most recent 'If Only I Waited...' post on Oxnard prompted one irate anonymous reader to write, "What's up with slamming Oxnard? There are places to live that are in worse shape than Oxnard..."

    And we wholeheartedly agree!

    Case in point, Bakersfield. Here we have a REO going for 33% less today compared to a year and a half ago...

    12109 Trackside Dr., Bakersfield, CA 93312

  • Much less REALTOR®-related NODs in eastern Carlsbad this week. Only 3 out of the 9 new NODs filed between December 6th to 12th are connected to REALTORS®.

  • Spelling mistakes on the MLS are not unusual, but this gives us a glimpse into the seller's desperation...43446 MONTE COURT, Temecula, CA 92592
    --4 beds, 3.0 baths, 3,036 sq ft
    --06/2003: purchased from builder for $378,500.
    --10/2006: sold to current sucker for $508,000.
    --10/10/2007: current sucker listed home for sale at $590,000.
    --10/20/2007: realized he was delusional and reduced to $410,000.

  • Tracking Clark County, Nevada

    Population 2006: 1.89 million
    1/30/2006 Listing per population ratio 1:120
    9/30/2006 Listing per population ratio 1:77

    01/2006: 15,744 (2,233)___01/2005: (2,426)
    02/2006: 16,978 (2,271)___02/2005: (2,508)
    03/2006: 18,418 (3,167)___03/2005: (3,864)
    04/2006: 19,871 (2,807)___04/2005: (3,649)
    05/2006: 21,168 (3,161)___05/2005: (3,847)
    06/2006: 22,479 (3,097)___06/2005: (4,079)
    07/2006: 23,221 (2,501)___07/2005: 13,276 (3,937)
    08/2006: 23,957 (2,609)___08/2005: 13,722 (4,145)
    09/2006: 24,300 (2,177)___09/2005: 14,289 (3,654)
    10/2006: 24,103 (2,046)___10/2005: 14,925 (3,226)
    11/2006: 23,634 (1,871)___11/2005: 14,784 (3,042)
    12/2006: 22,208 (2,016)___12/2005: 14,368 (3,024)

    Population 2007: 1.9 million

  • In addition to the profiling of our real estate friends foreclosing away, the U-T story this past weekend also had some pretty scary numbers. For example, there were 1,305 actual foreclosures in January, this was up 257% in comparison to a year ago. With only 1,826 homes sold, the number of foreclosures in the county may soon overtake home sales.

    What is even scarier is what's not published. These foreclosure numbers are actually lower than expected because of the 'postponement phenomenon.'

  • 4S Ranch is really not a bad place to be. It's got the good schools, it's got the parks and the trails, as well as the convenience of the recently completed Town Center.
    The initial master plan circa 2001-2003 was also quite decent. Some of the lot sizes were generous, the parks aplenty, and the sidewalks nice and wide. As for the mello roos? For a 3,000 sqft home at an asking price of roughly $500,000, the 0.5% mello roos only translate to roughly $2,500 per year.
    But then the builders got greedy, and by 2005 they also realized the bubble was about to burst. To fully take adventage of the inflated prices at the peak of the bubble, the builders shrunk the lot sizes, reduced the number of parks, and increased the mello roos to 0.7-0.8%. And therefore the same 3,000 sqft home, but with an asking price of $850,000, ends up with $6,400 of mello roos per year.
    But the mello roos is just a small part of this madness. Middle class folks, even upper-middle class folks, simply couldn't afford $850,000 for a tract home. It is that simple.
    Let's see how one owner who bought at the top is doing these days...