(As of August 1, 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 | 2,236,900 | 203,355 |
| AL | 105 | 10,810,300 | 102,955 |
| AR | 43 | 4,822,800 | 112,158 |
| AZ | 260 | 70,657,000 | 271,758 |
| CA | 2200 | 828,124,699 | 376,420 |
| CO | 221 | 38,470,600 | 174,075 |
| CT | 65 | 15,921,800 | 244,951 |
| DC | 14 | 5,039,600 | 359,971 |
| DE | 8 | 1,749,300 | 218,663 |
| FL | 558 | 143,744,800 | 257,607 |
| GA | 554 | 78,935,305 | 142,483 |
| HI | 10 | 5,623,000 | 562,300 |
| IA | 46 | 3,730,400 | 81,096 |
| ID | 7 | 987,300 | 141,043 |
| IL | 396 | 65,982,700 | 166,623 |
| IN | 276 | 17,349,000 | 62,859 |
| KS | 63 | 6,581,700 | 104,471 |
| KY | 62 | 5,858,805 | 94,497 |
| LA | 43 | 5,218,800 | 121,367 |
| MA | 304 | 68,952,400 | 226,817 |
| MD | 99 | 31,460,200 | 317,780 |
| ME | 7 | 902,300 | 128,900 |
| MI | 1526 | 115,748,753 | 75,851 |
| MN | 375 | 64,493,900 | 171,984 |
| MO | 311 | 32,349,419 | 104,017 |
| MS | 98 | 8,222,400 | 83,902 |
| MT | 4 | 1,235,600 | 308,900 |
| NC | 147 | 15,892,800 | 108,114 |
| ND | 3 | 94,700 | 31,567 |
| NE | 37 | 3,001,300 | 81,116 |
| NH | 58 | 13,870,400 | 239,145 |
| NJ | 65 | 17,933,200 | 275,895 |
| NM | 11 | 1,601,655 | 145,605 |
| NV | 383 | 129,153,000 | 337,214 |
| NY | 93 | 18,451,700 | 198,405 |
| OH | 620 | 36,209,490 | 58,402 |
| OK | 67 | 5,131,900 | 76,596 |
| OR | 15 | 4,378,500 | 291,900 |
| PA | 134 | 12,026,700 | 89,751 |
| RI | 40 | 7,832,100 | 195,803 |
| SC | 33 | 4,139,700 | 125,445 |
| SD | 6 | 910,400 | 151,733 |
| TN | 185 | 19,678,000 | 106,368 |
| TX | 537 | 80,324,300 | 149,580 |
| UT | 12 | 3,219,800 | 268,317 |
| VA | 266 | 91,131,100 | 342,598 |
| WA | 38 | 10,947,000 | 288,079 |
| WI | 60 | 6,945,100 | 115,752 |
| WV | 18 | 3,078,200 | 171,011 |
| WY | 1 | 135,900 | 135,900 |
| Total | 10,495 | 2,121,296,726 | 184,022 |
5 comments:
You site rocks. I enjoy coming here to see the CFC portfolio, particularly the slow death of repricing the houses every week or two, until they finally get to market. Strangely, Countrywide is doing the REO sale dance correctly and facing their pain like they should. It is going to really upset a great many other REO holders and FB's in the same neighborhood.
I noticed that a huge chunk of their homes have disappeared from their website. I suspect that they unloaded/wholesaled them. Either that or something is wrong with their database/application.
If the first is true, and I suspect it is, it would be interesting to know to whom the homes were unloaded to. I'm interested in knowing how the reselling of all these foreclosures are hitting the market.
Hey, I think countrywide may have shut down it's REO site so YOU can't count them.
bubble sitter- I do hope you are right about CFC! I want them to crash and burn!I'm prime borrower who got screwed over by CFC's accounting mess! My home isn't on the list- I hid my assets and filed CH. 13 in the nick of time. Why would a CFC ax a good customer? I think they are up to more than meets the eye!
countrywide is doing a great job liquidating its reo properties in my state. however, they are shitty managers of property and as such, they are delinquent on association dues on every condo or townhome I have seen. they only bring dues current if and when the reo unit is sold. this in turn is a problem for them. they just don't know why yet. they will though. slowly but they will get it. do you blogperts see their problem, particularly if sales start to slow as this economy nose dives into 1932? hint: what goes around comes around.
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