(As of July 22, 2007)
Source: http://www.countrywide.com/purchase/f_reo.asp
Click on state below for detailed listings.
| State | Count | Total Asking Price($) | Average Asking Price($) |
| AK | 11 | 2,221,900 | 201,991 |
| AL | 109 | 11,236,300 | 103,085 |
| AR | 34 | 4,097,700 | 120,521 |
| AZ | 253 | 69,520,700 | 274,785 |
| CA | 2117 | 796,601,249 | 376,288 |
| CO | 198 | 36,176,600 | 182,710 |
| CT | 62 | 15,246,000 | 245,903 |
| DC | 14 | 5,061,600 | 361,543 |
| DE | 7 | 1,107,300 | 158,186 |
| FL | 504 | 127,787,100 | 253,546 |
| GA | 564 | 77,199,200 | 136,878 |
| HI | 11 | 6,007,900 | 546,173 |
| IA | 41 | 3,450,300 | 84,154 |
| ID | 4 | 645,600 | 161,400 |
| IL | 385 | 66,525,600 | 172,794 |
| IN | 277 | 16,287,600 | 58,800 |
| KS | 62 | 6,097,800 | 98,352 |
| KY | 57 | 5,196,905 | 91,174 |
| LA | 41 | 4,530,900 | 110,510 |
| MA | 290 | 66,322,500 | 228,698 |
| MD | 96 | 29,584,500 | 308,172 |
| ME | 6 | 763,400 | 127,233 |
| MI | 1539 | 116,482,173 | 75,687 |
| MN | 364 | 63,306,100 | 173,918 |
| MO | 306 | 31,485,795 | 102,895 |
| MS | 95 | 8,386,500 | 88,279 |
| MT | 2 | 267,800 | 133,900 |
| NC | 144 | 15,711,300 | 109,106 |
| ND | 3 | 94,700 | 31,567 |
| NE | 39 | 3,161,200 | 81,056 |
| NH | 62 | 14,262,600 | 230,042 |
| NJ | 66 | 18,107,100 | 274,350 |
| NM | 11 | 1,562,655 | 142,060 |
| NV | 352 | 119,454,600 | 339,360 |
| NY | 93 | 17,542,100 | 188,625 |
| OH | 624 | 37,902,340 | 60,741 |
| OK | 70 | 5,077,600 | 72,537 |
| OR | 12 | 3,598,800 | 299,900 |
| PA | 127 | 11,587,400 | 91,239 |
| RI | 44 | 9,048,700 | 205,652 |
| SC | 35 | 4,315,500 | 123,300 |
| SD | 7 | 1,003,300 | 143,329 |
| TN | 178 | 19,109,455 | 107,356 |
| TX | 518 | 76,948,500 | 148,549 |
| UT | 7 | 1,987,300 | 283,900 |
| VA | 240 | 82,736,700 | 344,736 |
| WA | 37 | 10,530,100 | 284,597 |
| WI | 65 | 7,587,200 | 116,726 |
| WV | 18 | 2,888,200 | 160,456 |
| WY | 2 | 295,800 | 147,900 |
| Total | 10,203 | 2,036,110,172 | 179,293 |
6 comments:
It looks like foreclosure is the gift that keeps on giving. That's a lot of homes. Even if they manage to sell a significant portion of them, most will probably be as short sales and CFC's bottom line will take a hit. Although so far the stock is holding up better than you'd expect.
The uptick is impressive.
Dear Countrywide Shareholder and interested parties.
A direct offer was made last Thursday to assist Countrywide in eliminating their existing REO's. The offer would have provided a Billion in cash recovery, however, a first vice president at Countrywide, Ivan Choi, who is their senior REO decision maker, did not believe the offer was in the best interest of Countrywide.
I don't understand how this cash offer could get refused. ... A fresh injection of cash into the company would be a blessing to Countrywide shareholders producing P&L recovery. Many of these homes would then be sold in the market at lower price points for families to afford.
I was hoping your blog could be sent to both Countrywide shareholders and other public media venues to awaken the Oh might Countrywide senior management staff.
The download of REO properties in the CA section did not translate alphabetically. You have a lot of cities out of place in the list. Can you re-merge the list so it tracks alphabetically?
Bubble, should be all set now (I forgot to order by city). Thanks.
Everyone, I love this company, I don't care about the sub-prime mess, everyone at this company works extra hard and does really good work. I don't think that you all should be so hard on it. We all know that the housing market is going to continue going down, and there will be some writedowns, but we will survive it. I know that there is already a buzz about cutting 1/4 of the workforce, that will help with the stock price. I need these options to come through for me, or my home will become part of the sub-prime mortgage disaster! Lets get the momentum under countrywide's stock price and get it turned around!
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