10,796 Homes Offered For Sale on Countrywide Financial's Website
Total Asking Price: $2,213,527,241
(As of August 15, 2007)
Source: http://www.countrywide.com/purchase/f_reo.asp
Click on state below for detailed listings.
| State | Count | Total Asking Price($) | Average Asking Price($) |
| AK | 9 | 1,805,100 | 200,567 |
| AL | 96 | 10,339,600 | 107,704 |
| AR | 36 | 4,208,400 | 116,900 |
| AZ | 265 | 72,623,600 | 274,051 |
| CA | 2361 | 882,761,580 | 373,893 |
| CO | 267 | 45,251,110 | 169,480 |
| CT | 58 | 14,284,500 | 246,284 |
| DC | 16 | 5,153,400 | 322,088 |
| DE | 9 | 2,062,300 | 229,144 |
| FL | 606 | 154,680,853 | 255,249 |
| GA | 590 | 80,640,200 | 136,678 |
| HI | 12 | 6,211,800 | 517,650 |
| IA | 41 | 3,412,900 | 83,241 |
| ID | 8 | 1,451,200 | 181,400 |
| IL | 388 | 63,676,200 | 164,114 |
| IN | 278 | 17,609,605 | 63,344 |
| KS | 63 | 6,648,700 | 105,535 |
| KY | 65 | 6,546,105 | 100,709 |
| LA | 52 | 6,768,800 | 130,169 |
| MA | 309 | 69,449,100 | 224,754 |
| MD | 101 | 32,351,000 | 320,307 |
| ME | 6 | 708,400 | 118,067 |
| MI | 1479 | 109,306,743 | 73,906 |
| MN | 391 | 67,541,200 | 172,740 |
| MO | 301 | 31,850,995 | 105,817 |
| MS | 97 | 7,937,110 | 81,826 |
| MT | 5 | 1,286,500 | 257,300 |
| NC | 154 | 16,149,400 | 104,866 |
| ND | 5 | 337,500 | 67,500 |
| NE | 40 | 3,286,000 | 82,150 |
| NH | 61 | 14,402,100 | 236,100 |
| NJ | 72 | 21,189,500 | 294,299 |
| NM | 11 | 1,729,900 | 157,264 |
| NV | 409 | 138,766,000 | 339,281 |
| NY | 94 | 17,409,800 | 185,211 |
| OH | 617 | 35,321,440 | 57,247 |
| OK | 61 | 4,585,510 | 75,172 |
| OR | 17 | 4,443,300 | 261,371 |
| PA | 133 | 11,615,800 | 87,337 |
| RI | 41 | 8,179,000 | 199,488 |
| SC | 29 | 3,702,100 | 127,659 |
| SD | 7 | 1,012,300 | 144,614 |
| TN | 189 | 21,672,900 | 114,671 |
| TX | 516 | 78,366,900 | 151,874 |
| UT | 9 | 2,223,100 | 247,011 |
| VA | 294 | 99,511,390 | 338,474 |
| WA | 44 | 12,436,600 | 282,650 |
| WI | 61 | 6,966,000 | 114,197 |
| WV | 22 | 3,523,800 | 160,173 |
| WY | 1 | 129,900 | 129,900 |
| Total | 10,796 | 2,213,527,241 | 181,829 |


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16 comments:
Great charts and post. Even the giant Countrywide may be in real trouble.
I came across an article at http://www.brokerforyou.com/brokerforyou/ written by a San Diego real estate broker that claims that subprime loans are NOT the main cause of the housing value decline.
It’s really a great little article, you should check it out!
He’s also has an interesting chart on median condo value declines just in the last year in San Diego at http://www.brokerforyou.com/brokerforyou/index.php?paged=2
I work for CurrentForeclosures.com, a foreclosures site and have seen a huge increase in the number of foreclosures in the past 7 months. I believe it is a combination of not only sub-prime and ARM mortgages, but also the high number of people who have gotten loans with interest rates at an all time low... in addition to the rapid depreciation in some areas and the difficulty some are experiencing in selling their homes.
Hi,
Do you have the numbers for NEW REO and removed REO ?
Do you keep track of REO removed 2-3 month ago and checvk if does come back on the list ?
has the rate of increse slowed down ?
Please keep these charts updated! they are very valuble information to have up to date, CA has added 107 homes to the list since this was updated just 4 days ago. thanks again for putting this up
Fantastic job sir.
Please keep it up - it will be MOST interesting to see what happens to these homes over the next months, as Countrywide starts to lose their shirts.
Off topic but relevant to the Countrywide situation:
Countrywide Seeks Cash.
http://thegreatloanblog.blogspot.com/
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Is there any info on how many of Countrywide's foreclosures are KB Homes????
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