Foreclosure Listings Last update: 06/14/09 8:23 AM
Preforeclosures:  680,300
Foreclosures:  596,671
Bankruptcies:  229,669
Auctions:  236,222
Total:  1,742,862

FROM HERE

Let us see if this number changes week to week

I am confident it will get worse.

In fact I don’t see any improvement in those numbers for at least 2 years.

This an interesting site. Let’s see how quickly some of these areas get mopped up. I don’t agree it will take two years for the situation to get better. There are too many people in search of housing and with the drop off in housing starts we should see progress (albeit slowly) almost week to week.

artman1033 - 15 June 2009 10:12 AM

Foreclosure Listings Last update: 06/14/09 8:23 AM
Preforeclosures:  680,300
Foreclosures:  596,671
Bankruptcies:  229,669
Auctions:  236,222
Total:  1,742,862

FROM HERE

Let us see if this number changes week to week

Foreclosure Listings Last update: 06/21/09 8:17 AM
Preforeclosures:  681,691
Foreclosures:  599,435
Bankruptcies:  229,669
Auctions:  236,453
Total:  1,747,248

Last update: 06/21/09 8:17 AM
Preforeclosures:  684,238
Foreclosures:  602,543
Bankruptcies:  229,669
Auctions:  236,382
Total:  1,752,832

These are cumulative numbers, not new foreclosures.

willrob - 21 June 2009 03:21 PM

These are cumulative numbers, not new foreclosures.

I don’t think they are cumulative.

I think it might be like the unemployment list.
Some folks get a job, some folks lose a job.

Over at REALTYTRAC, there are currently 1,947,878 foreclosures nationwide. I sent Realtytrac an email. They said their number was current.

I believe FORECLOSURESLISTINGNATIONWIDE only updates once per week. It may take a few weeks or months of noting to see a trend.

Some recent stories have suggested the bottom is in. If you read the “blog” on the above website, it gets scary.

The number of bankruptcies was precisely the same number. Isn’t that odd?

Back on May 23rd I posted Realtytrac’s total foreclosures as 1,913,073.

As I posted above, their current number of foreclosures is 1,947,878.

That is a rise of 34,000 in a month. And like I said, they said their numbers were NOT cumulative. They were current numbers.

The current number TODAY is 1,962,567.

willrob - 21 June 2009 06:14 PM

The number of bankruptcies was precisely the same number. Isn’t that odd?

ALL the numbers are odd. I will start checking DAILY if I can to see when the numbers change.

THIS site lists REO properties. From what I understand, these are homes where the families just turned over the keys to the bank and left!

This site lists over 1,000,000 MILLION REO PROPERTIES.

artman1033 - 21 June 2009 06:30 PM

THIS site lists REO properties. From what I understand, these are homes where the families just turned over the keys to the bank and left!

This site lists over 1,000,000 MILLION REO PROPERTIES.

I hope it was either 1,000,000 or 1 million and not 1,000,000 Million. 

Play Ultimate - 21 June 2009 06:32 PM

artman1033 - 21 June 2009 06:30 PM

THIS site lists REO properties. From what I understand, these are homes where the families just turned over the keys to the bank and left!

This site lists over 1,000,000 MILLION REO PROPERTIES.

I hope it was either 1,000,000 or 1 million and not 1,000,000 Million. 

Sorry my FUD!!!
It is a 1 MILLION not a TRILLION or a GOOGLE, for that matter.

artman1033 - 21 June 2009 06:21 PM

Back on May 23rd I posted Realtytrac’s total foreclosures as 1,913,073.

As I posted above, their current number of foreclosures is 1,947,878.

That is a rise of 34,000 in a month. And like I said, they said their numbers were NOT cumulative. They were current numbers.

That’s what I meant by cumulative, they keep adding to the previous total. Except for the bankruptcies? I wonder what these number were like last year, or in earlier years. What used to be normal?

willrob - 21 June 2009 08:13 PM

artman1033 - 21 June 2009 06:21 PM

Back on May 23rd I posted Realtytrac’s total foreclosures as 1,913,073.

As I posted above, their current number of foreclosures is 1,947,878.

That is a rise of 34,000 in a month. And like I said, they said their numbers were NOT cumulative. They were current numbers.

That’s what I meant by cumulative, they keep adding to the previous total. Except for the bankruptcies? I wonder what these number were like last year, or in earlier years. What used to be normal?

I have listed two different sites for this observation. I STILL don’t believe they are cumulative. They are current numbers.
For instance: How many ipods (not counting iphones) are in use? Some would say over 141 million. NO! That is the cumulative number. That is the total number Apple has sold. Ipods break. Ipods wear out.

Preforeclosures become foreclosures. Foreclosures are sold. All the numbers should change over time. A rise of 34,000 in one month might mean ACTUAL foreclosures might have gone up 100,000.

P.S.:
I have updated one of the totals above.

THIS website shows foreclosures by month based on Realtytrac information.

artman1033 - 21 June 2009 06:21 PM

Back on May 23rd I posted Realtytrac’s total foreclosures as 1,913,073.

As I posted above, their current number of foreclosures is 1,947,878.

That is a rise of 34,000 in a month. And like I said, they said their numbers were NOT cumulative. They were current numbers.

The current number June 25th is 1,962,567.

The current number June 27th atrealtytrac is 1,970,744