Friday, March 30, 2007

9,863 Homes Offered For Sale On Countrywide Financial's Website

Count: 9,863
Total Asking Price: $1,944,667,063

(As of July 17, 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 12 2,378,800 198,233
AL 108 11,070,400 102,504
AR 34 4,294,700 126,315
AZ 235 65,170,500 277,321
CA 1978 751,132,550 379,743
CO 180 33,049,200 183,607
CT 59 13,812,200 234,105
DC 12 4,376,800 364,733
DE 7 1,111,300 158,757
FL 496 125,959,900 253,951
GA 566 76,140,800 134,524
HI 9 4,558,100 506,456
IA 39 3,077,500 78,910
ID 5 2,029,500 405,900
IL 370 63,700,300 172,163
IN 278 16,496,500 59,340
KS 58 5,870,200 101,210
KY 60 5,515,605 91,927
LA 43 4,532,700 105,412
MA 278 64,044,500 230,376
MD 93 28,465,800 306,084
ME 6 767,400 127,900
MI 1513 115,351,063 76,240
MN 341 59,075,400 173,242
MO 299 30,820,795 103,080
MS 94 7,775,600 82,719
MT 1 59,900 59,900
NC 146 15,643,900 107,150
ND 3 94,700 31,567
NE 35 3,090,600 88,303
NH 60 13,803,800 230,063
NJ 64 17,715,300 276,802
NM 12 1,802,555 150,213
NV 324 108,862,400 335,995
NY 98 18,156,300 185,268
OH 623 37,850,440 60,755
OK 65 4,767,100 73,340
OR 12 4,123,800 343,650
PA 124 11,501,800 92,756
RI 41 8,389,400 204,620
SC 39 4,691,700 120,300
SD 6 873,400 145,567
TN 170 18,631,255 109,596
TX 521 77,395,900 148,553
UT 4 1,307,600 326,900
VA 220 74,949,700 340,680
WA 34 8,821,400 259,453
WI 68 8,356,000 122,882
WV 18 2,904,200 161,344
WY 2 295,800 147,900
Total9,8631,944,667,063183,166



2 comments:

Anonymous said...

The increases in California and Florida are shocking. That is also where the most fraud occurred on the highest prices. Lenders might be taking 40% losses on those foreclosures.

Anonymous said...

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 mighty Countrywide senior management staff.