we are back

google pulled the plug on us but thankfully gave us back our blog. more later

walking away

4 in 1o click wait till August.....

plunger alert 2810 n.e. 51st thanks 140. click interesting the seller has signed an option to purchase on 2/10/10 which expires on june 1 for that same propery if I read the record correctly.

will post when I can...

rebound

when will market rebounf click
another leg down:click

just

the facts.........click

bottom ?

"RealtyTrac® (realtytrac.com), the leading online marketplace for foreclosure properties, today released its U.S. Foreclosure Market Report™ for April 2010, which shows that foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 333,837 properties in April, a 9 percent decrease from the previous month and a 2 percent decrease from April 2009. One in every 387 U.S. housing units received a foreclosure filing during the month.

“There were two important milestones in the April numbers that show foreclosure activity has begun to plateau — but at a very high level that will not drop off in the near future,” said James J. Saccacio, chief executive officer of RealtyTrac. “April was the first month in the history of our report with an annual decrease in U.S. foreclosure activity. Secondly, bank repossessions, or REOs, hit a record monthly high for the report even while default notices dropped substantially on a monthly and annual basis. We expect a similar pattern to continue for most of this year, with the overall numbers staying at a high level and ripples of activity hitting the various stages of the foreclosure process as lenders systematically work through the backlog of distressed properties.”

Foreclosure Activity by Type During the month a total of 103,762 properties received default notices (NOD, LIS), a decrease of 12 percent from the previous month and a decrease of 27 percent from April 2009 — when default activity peaked at more than 142,000.

Foreclosure auctions (NTS, NFS) were scheduled for the first time on a total of 137,643 properties during the month, a decrease of 13 percent from the previous month — when auction activity peaked with more than 158,000 properties scheduled for auction for the first time. Auction activity was up 1 percent from April 2009.

Bank repossessions (REOs) hit a record monthly high for the report in April, with a total of 92,432 properties repossessed by lenders during the month — an increase of 1 percent from the previous month and an increase of 45 percent from April 2009. Bank repossessions were less than 1 percent above their previous peak of 92,182 in December 2009. "

plunger

plunger alert: listing here purchase here click it appears not verified only mtg is for 27k. adverted as short sale.. it also appears that one of the ownes expired according to records today.


too bad about the deerfield school system horrific event and bad press.

fannie

most important sentence, they are inflating marketclick
free money:click

53k backlog: click

glug

we see zillow has new zestimates what ever that... means. as I find zillow to be wildly out there....click

good piece on 60 mins last night about walkaways.... could be/is/ has been a popular alternative. fear of going viral

bad... /? click

wrist watch

external fixator and seven pins later....had surgery and getting better slowly.
still typing w/one hand.

I see today in sentinel that condos have new financing visa vie fannie mae.... oh goodie....click
now that sucker season has passed... can't wait for the recasts in August.

falling: click

the used house salesman was here... admitting that things are mighty slow out there.