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  1. No_Such_Reality_IHB

    2011

    Median Price and Repos per month for the last three years. <img src="http://i580.photobucket.com/albums/ss248/No_Such_reality/ForeclosuresversusMedian.gif" alt="" /> For those counting, 14 months in the last 36 are below 500 foreclosures per month. In only six of the months is the rate...
  2. No_Such_Reality_IHB

    2011

    Just a quick update For next week, we are down to 1660 Auctions 72 Auctions have been cancelled 627 have been postponed 1660 remain for auction Monday-Friday. Those paying attention realize that adds up to 2359 homes. Quite an increase over the original 2011. On...
  3. No_Such_Reality_IHB

    Foreclosure radar REOs

    FR tracks NODs, REOs, and 3rd Party Repos for 120 days. After that, you need to click the include historical and set the date range to find it.
  4. No_Such_Reality_IHB

    Waiting to catch a wave? Surge of REO listings is unlikely.

    Interesting article, thanks for the link. "The bottom line something doens't add up when Wells Fargo predicts virtually no Option-ARM recasts before 2012, while Credit Suisse predicts no recasts after 2012. While I would guess Wells Fargo is underestimating recasts assuming a flat rate...
  5. No_Such_Reality_IHB

    $249/sft 5br/3.75ba in Woodbridge

    <object width="325" height="250"><embed src="http://www.youtube.com/v/youtube" type="application/x-shockwave-flash" width="325" height="250"></embed></object>
  6. No_Such_Reality_IHB

    The Rep from South Carolina yelling "You lie!"

    Pres BO needs to be careful or he'll end up wearing it. The Repubs can still drive it home to show the electorate how carefully they have to check what he says. That's bad for a President. Once people feel they need to doubt the basic truthfulness, you're toast. Frankly, I suspect it is also...
  7. No_Such_Reality_IHB

    Surprising facts about Northwood and Northpark

    Would this <a href="http://www.redfin.com/CA/Irvine/12-Inglenook-92602/home/7213168">one</a> be distressed or not distressed? It's list is higher than it's buy, but a sale at the average $/sf list price puts it upside down $100K? What about this<a...
  8. No_Such_Reality_IHB

    2011

    Update for Thursday evening. Of the roughly 380 scheduled today, a mere 73 are listed as bank repo or vulture bought this evening. Not great, a mere 20% or so. However, next week's auction volume has swelled to 2216 scheduled.
  9. No_Such_Reality_IHB

    The Rep from South Carolina yelling "You lie!"

    I agree. It was distasteful. It needed to be said. A respectful rebuttal would have been much more impactful to acknowledge that our President spoke the literally truth, that the bill presently does not provide for coverage for illegal aliens however, the committees have directly shot down SAVE...
  10. No_Such_Reality_IHB

    2011

    Not the year, the number of Foreclosure Auction scheduled next week (9/14 - 9/18) in Orange County. How many will go REO or get sold to a third party at the foreclosure auction? Thursday and Friday this week, OC has 739 Auctions scheduled. And the last week of September, OC has only...
  11. No_Such_Reality_IHB

    Investment Potential for Riverside.. use rental income to pay for irvine rent.

    Don't know about the Corona rental situation. Does your calculation include vacancy? Not initial vacancy, turnover vacancy? Lost rent? Repairs? Keep in mind the IE's unemployment rate is really high. With a single property, you may get lucky and get of good tenant, or you may not. On...
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