Sunday, April 8, 2007

11,836 Homes Offered For Sale on Countrywide Financial's Website

Total Asking Price: $2,496,366,775
(As of September 5, 2007)


Source: http://www.countrywide.com/purchase/f_reo.asp

Click on state below for detailed listings
.

StateCountTotal Asking
Price($)
Average Asking
Price($)
AK122,713,800226,150
AL10911,549,300105,957
AR323,377,505105,547
AZ33588,451,750264,035
CA28191,045,227,900370,780
CO32461,361,005189,386
CT5815,543,500267,991
DC185,539,200307,733
DE112,698,900245,355
FL680168,004,800247,066
GA61381,513,450132,975
HI167,423,400463,963
IA403,212,00580,300
ID81,071,200133,900
IL39663,830,700161,189
IN28218,274,30064,802
KS706,883,00098,329
KY717,436,719104,743
LA475,502,400117,072
MA31971,420,700223,889
MD10734,035,500318,089
ME6561,40093,567
MI1509107,706,15671,376
MN41772,102,200172,907
MO31932,410,690101,601
MS11410,025,90087,946
MT81,869,200233,650
NC16719,197,205114,953
ND5433,50086,700
NE342,420,60071,194
NH6314,663,100232,748
NJ6919,652,200284,814
NM112,038,900185,355
NV476160,153,790336,458
NY9919,388,600195,844
OH63735,634,35055,941
OK624,619,00074,500
OR236,255,700271,987
PA13913,121,65094,400
RI469,270,500201,533
SC384,682,300123,218
SD81,122,200140,275
TN18519,422,700104,988
TX50177,030,100153,753
UT83,002,200375,275
VA374126,863,500339,207
WA5915,532,100263,256
WI668,497,600128,752
WV243,435,600143,150
WY2182,80091,400
Total11,8362,496,366,775181,200



8 comments:

CHESSNOID said...

I do like to stop by your site to check and see how the numbers look from week to week. Thanks for putting the time and effort into your blog. I appreciate it.

Anonymous said...

Fantastic work - this graph is exciting to watch. With each passing week, I visit and get to see financial carnage simplified into a nice 2-D line drawing.

I personally love the CA graph, since that's where I live, but the national one is still reassuring.

Anonymous said...

Oy crapola...over a billion in California?
...and the curve looks to be waxing exponetial.

Anonymous said...

Holy crap! I'm in California and I'll bet 75% of the sheeple out here don't even know there's a billion in REO from just one lender. I hear people every single day saying prices have just flattened out and that they'll never go down, Arghhhhhh!. Even though I'm a lender, I want them to decline 75% so these pompous F'ing morons who think they are equity rich, will finally come to the realization that they now have a negative net worth. Funny how so many thought leverage only worked going in one direction ; )

Anonymous said...

This isn't the full list. You have to add their foreclosed homes on their ReconTrust Company. Countrywide owns this company. http://www.ctcres.com/home.asp
The following states have properties listed for Trustee Sale.
72 Alaska
2038 Arizona
100 Arkansas
3696 California
280 Idaho
109 Montana
2 Nebraska
537 Nevada
466 Oregon
93 Texas
54 Utah
249 Virginia
576 Washington

W.C. Varones said...

Countrywide screws customers by delaying mortgage payments to generate late fees.

hendry said...

The stats can be manipulated to make it look like prices aren't dropping. They don't have to count REO and auction sales. That will leave mostly higher end homes selling, thus pushing up median prices. Buy a REO or auction home and you will get a 30-50 percent discount from the fake comps.

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