Tracking Riverside County, California

Population 2007: 2 million
01/01/2007 Listing per population ratio 1:83
10/31/2007 Listing per population ratio 1:62

01/2007: 24,931 (3,089)___01/2006: 16,846 (4,695)
02/2007: 26,157 (3,057)___02/2006: 18,767 (4,796)
03/2007: 28,451 (3,680)___03/2006: 20,334 (6,986)
04/2007: 30,277 (2,987)___04/2006: 21,388 (5,444)
05/2007: 31,515 (3,307)___05/2006: 22,952 (6,054)

Tracking San Bernardino County, California

Population 2007: 2 million
01/01/2007 Listing per population ratio 1:129
09/30/2007 Listing per population ratio 1:85

01/2007: 16,310 (2,373)___01/2006: (3,321)
02/2007: 17,081 (2,274)___02/2006: (3,316)
03/2007: 18,801 (2,476)___03/2006: (4,633)
04/2007: 20,253 (2,049)___04/2006: (3,841)
05/2007: 22,149 (2,220)___05/2006: (4,148)
06/2007: 22,637 (2,190)___06/2006: (4,385)

Tracking Orange County, California

Population 2007: 3.10 million
01/01/2007 Listing per population ratio 1:244
09/30/2007 Listing per population ratio 1:155

01/31: 13,302 (2,400)___01/2006: 8,430 (2,868)
02/28: 13,704 (2,449)___02/2006: 10,420 (2,928)
03/31: 15,324 (3,130)___03/2006: 11,762 (4,203)
04/30: 17,094 (2,682)___04/2006: 13,268 (3,563)
05/31: 18,353 (2,675)___05/2006: 15,048 (3,762)

Tracking Clark County, Nevada

Population 2007: 1.9 million
01/01/2007 Listing per population ratio 1:86
09/30/2007 Listing per population ratio 1:61

01/2007: 22,748 (1,715)___01/2006: 15,744 (2,233)
02/2007: 24,068 (1,684)___02/2006: 16,978 (2,271)
03/2007: 26,794 (1,946)___03/2006: 18,418 (3,167)
04/2007: 27,620 (1,677)___04/2006: 19,871 (2,807)
05/2007: 28,577 (1,941)___05/2006: 21,168 (3,161)
06/2007: 29,646 (1,820)___06/2006: 22,479 (3,097)

Tracking Ventura County, California

Population 2007: 825,000
01/01/2007 Listing per population ratio 1:150
08/30/2007 Listing per population ratio 1:117

01/2007: 5,641 (689)___01/2006: (804)
02/2007: 6,234 (737)___02/2006: (882)
03/2007: 6,658 (999)___03/2006: (1,326)
04/2007: 5,320 (890)___04/2006: (1,008)
05/2007: 5,759 (861)___05/2006: (1,145)
06/2007: 6,219 (886)___06/2006: (1,227)

Tracking Maricopa & Pinal Counties, Arizona

Population 2007: 4.1 million
01/01/2007 Listing per population ratio 1:85
10/31/2007 Listing per population ratio 1:63

01/2007: 51,913 (4,520)___01/2006: 32,512 (5,260)
02/2007: 53,598 (4,280)___02/2006: 36,176 (5,460)
03/2007: 57,615 (5,385)___03/2006: 39,852 (7,265)
04/2007: 59,616 (4,855)___04/2006: 44,290 (5,980)
05/2007: 60,800 (5,220)___05/2006: 47,187 (6,870)

Tracking San Diego County, California

Population 2006: 3.07 million
1/01/2006 Listing per population ratio 1:220
7/31/2006 Listing per population ratio 1:131

01/2006: 16,161 (2,898)___01/2005: (3,324)
02/2006: 17,262 (3,035)___02/2005: (3,442)
03/2006: 18,261 (4,367)___03/2005: (5,018)
04/2006: 19,480 (3,974)___04/2005: (5,345)
05/2006: 21,175 (4,480)___05/2005: (5,141)
06/2006: 22,588 (4,533)___06/2005: (5,663)

Tracking King & Snohomish Counties, Washington

Population 2007: 2.50 million
01/01/2007 Listing per population ratio 1:231
09/30/2007 Listing per population ratio 1:110

01/2007: 11,888 (3,062)___01/2006: 8,425 (2,468)
02/2007: 12,230 (3,022)___02/2006: 8,527 (3,391)
03/2007: 13,210 (4,444)___03/2006: 8,724 (4,772)
04/2007: 14,608 (4,451)___04/2006: 9,284 (4,585)
05/2007: 16,295 (4,892)___05/2006: 10,018 (5,027)

Tracking Sacramento/El Dorado/Placer/Yolo Counties, California

Population 2007: 2.1 million
01/01/2007 Listing per population ratio 1:178
08/30/2007 Listing per population ratio 1:116

01/2007: 12,480 (1,149)___01/2006: 10,582 (1,309)
02/2007: 12,947 (1,154)___02/2006: 11,215 (1,338)
03/2007: 14,272 (1,459)___03/2006: 11,833 (2,060)
04/2007: 15,755 (1,462)___04/2006: 12,989 (1,739)
05/2007: 16,553 (1,581)___05/2006: 14,824 (2,439)

Tracking Los Angeles County, California

Population 2007: 10.33 million
01/01/2007 Listing per population ratio 1:288
09/30/2007 Listing per population ratio 1:175

01/2007: 36,715 (6,805)____01/2006: 27,732 (7,309)
02/2007: 41,251 (6,300)____02/2006: 29,420 (7,089)
03/2007: 42,057 (8,353)___03/2006: 31,819 (10,805)
04/2007: 45,918 (7,225)____04/2006: 34,032 (9,284)
05/2007: 52,198 (7,426)____05/2006: 37,847 (10,714)
06/2007: 52,769 (7,580)____06/2006: 42,317 (11,234)

Tracking Maricopa & Pinal Counties, Arizona

Population 2006: 4 million
1/30/2006 Listing per population ratio 1:123
9/30/2006 Listing per population ratio 1:73

01/2006: 32,512 (5,260)___01/2005: (9,360)
02/2006: 36,176 (5,460)___02/2005: (7,935)
03/2006: 39,852 (7,265)___03/2005: (10,035)
04/2006: 44,290 (5,980)___04/2005: (8,735)
05/2006: 47,187 (6,870)___05/2005: (10,425)
06/2006: 50,974 (5,460)___06/2005: (11,545)

Tracking King & Snohomish Counties, Washington

Population 2006: 2.46 million
01/02/2006 Listing per population ratio 1:305
10/10/2006 Listing per population ratio 1:173

01/2006: 8,425 (2,468)___01/2005: (2,491)
02/2006: 8,527 (3,391)___02/2005: (3,244)
03/2006: 8,724 (4,772)___03/2005: (5,285)
04/2006: 9,284 (4,585)___04/2005: (5,259)
05/2006: 10,018 (5,027)__05/2005: (5,470)
06/2006: 11,415 (5,597)__06/2005: (5,797)

Tracking Ventura County, California

Population 2006: 817,000
11/26/2006 Listing per population ratio 1:122

11/2006: 6,593 (855)___11/2005: (1,235)
12/2006: 5,677 (978)___12/2005: (1,134)

Population 2007: 825,000
01/01/2007 Listing per population ratio 1:150
06/10/2007 Listing per population ratio 1:139

01/01: 5,435
01/31: 5,641 (689)___01/2006: (804)

Tracking Riverside County, California

Population 2006: 1.95 million
1/30/2006 Listing per population ratio 1:116
8/20/2006 Listing per population ratio 1:76

01/2006: 16,846 (4,695)___1/2005: (3,951)
02/2006: 18,767 (4,796)___2/2005: (4,084)
03/2006: 20,334 (6,986)___3/2005: (5,915)
04/2006: 21,388 (5,444)___4/2005: (5,718)
05/2006: 22,952 (5,468)___5/2005: (5,985)
06/2006: 24,490 (5,927)___6/2005: (6,485)

Tracking San Bernardino County, California

Population 2006: 2 million
11/26/2006 Listing per population ratio 1:112

11/2006: 17,245 (2,926)___11/2005: (3,992)
12/2006: 15,758 (3,154)___12/2005: (4,580)

Population 2007: 2 million
01/01/2007 Listing per population ratio 1:129
06/10/2007 Listing per population ratio 1:90

01/01: 15,457
01/31: 16,310 (2,373)___01/2006: (3,321)

Tracking Orange County, California

Population 2006: 3.07 million
1/02/2006 Listing per population ratio 1:422
7/30/2006 Listing per population ratio 1:176

01/2006: 8,430 (2,868)____01/2005: (2,903)
02/2006: 10,420 (2,928)___02/2005: (2,890)
03/2006: 11,762 (4,203)___03/2005: (5,033)
04/2006: 13,268 (3,563)___04/2005: (4,547)
05/2006: 15,048 (3,762)___05/2005: (4,548)
06/2006: 16,692 (3,862)___06/2005: (4,898)

Tracking Sacramento/El Dorado/Placer/Yolo Counties, California

Population 2006: 2.07 million
1/02/2006 Listing per population ratio 1:217
7/30/2006 Listing per population ratio 1:119

01/2006: 10,582 (1,309)___01/2005: 3,597 (1,873)
02/2006: 11,215 (1,338)___02/2005: 3,554 (1,919)
03/2006: 11,833 (2,060)___03/2005: 3,793 (2,965)
04/2006: 12,989 (1,739)___04/2005: 4,423 (2,925)
05/2006: 14,824 (2,439)___05/2005: 5,284 (2,967)

Tracking Santa Clara County, California

Population 2006: 1.77 million
1/02/2006 Listing per population ratio 1:708
8/17/2006 Listing per population ratio 1:335

01/2006: 2,838 (1,486)___01/2005: (1,862)
02/2006: 2,921 (1,776)___02/2005: (1,882)
03/2006: 3,353 (2,632)___03/2005: (2,823)
04/2006: 3,734 (2,424)___04/2005: (2,830)
05/2006: 4,259 (2,496)___05/2005: (2,838)
06/2006: 4,835 (2,763)___06/2005: (3,220)

Tracking Los Angeles County, California

Population 2006: 10.25 million
1/02/2006 Listing per population ratio 1:417
9/30/2006 Listing per population ratio 1:216

01/2006: 27,732 (7,309)____01/2005: (7,633)
02/2006: 29,420 (7,089)____02/2005: (7,056)
03/2006: 31,819 (10,805)___03/2005: (10,878)
04/2006: 34,032 (9,284)____04/2005: (10,299)
05/2006: 37,847 (10,714)___05/2005: (10,128)
06/2006: 42,317 (11,234)___06/2005: (12,001)

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

Population 2006: 1.22 million
11/27/2006 Listing per population ratio 1:143

11/2006: 8,426
12/2006: 7,953

Population 2007:
01/01 Listing per population ratio 1:159
05/31 Listing per population ratio 1:131

01/01: 7,677
01/31: 7,673
02/28: 7,609
03/20: 7,802
04/30: 8,657
05/31: 9,251

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%)

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

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...

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.'

Everyone gets a second chance and JME is no different. Four years after a Chapter 7 BK filing, JME started back with his first home purchase in 2002. From then on, he made 4 additional purchases over the next 4-5 years. Two of which he sold for profit:

12313 VIA HACIENDA, EL CAJON, CA 92019
--3 beds, 2.5 baths, 1,588 sq ft
--12/2002: purchased for $350,000
--07/2007: sold for $505,000

2643 E BEYER BLVD, SAN YSIDRO, CA 92173
--4 beds, 2.5 baths, 1,532 sq ft
--09/2006: purchased for $465,000
--01/2007: sold for $510,000

With sales from these two homes, JME was looking at a cool $200,000 in profit. So how did he show off this nice $200k? Why an over 5,000 sqft McMansion in StoneBridge Estate of course. Unfortunately, looks like JME stretched a little bit too far and here we are, all three remaining homes he own are now past due on property taxes.

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.

Dolphine Cove in Otay Mesa is a 121 home community developed by local builder Reynolds Communities in 2002. When the project opened in mid-2002, 1,800 sqft homes went for $350k while 3,000 sqft homes went for mid-$400k.

As the prices took off for outer space in 2003, these same homes went for between $450k to $550k. With the prices spiral up and up some more, prices reached north of $800k with prices per sqft closing in on $300/sqft.