Monday, April 9, 2007

12,154 Homes Offered For Sale on Countrywide Financial's Website

Total Asking Price: $2,579,725,796
(As of September 12, 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 2,693,800 224,483
AL 108 11,152,400 103,263
AR 33 3,323,805 100,721
AZ 356 94,428,600 265,249
CA 2983 1,101,369,820 369,215
CO 362 65,897,500 182,037
CT 65 17,210,800 264,782
DC 18 5,515,200 306,400
DE 11 2,692,900 244,809
FL 698 171,542,000 245,762
GA 630 83,358,650 132,315
HI 17 7,424,300 436,724
IA 37 3,078,305 83,197
ID 10 1,970,000 197,000
IL 401 64,424,700 160,660
IN 313 20,325,000 64,936
KS 65 6,518,500 100,285
KY 78 8,158,119 104,591
LA 55 6,467,600 117,593
MA 227 52,291,900 230,361
MD 113 36,887,900 326,442
ME 4 279,600 69,900
MI 1480 102,851,092 69,494
MN 414 70,662,000 170,681
MO 318 32,727,040 102,915
MS 121 11,185,355 92,441
MT 7 1,714,300 244,900
NC 181 20,897,705 115,457
ND 5 431,500 86,300
NE 34 2,457,600 72,282
NH 69 16,311,500 236,399
NJ 77 21,279,900 276,362
NM 12 2,291,800 190,983
NV 509 169,402,490 332,814
NY 102 21,410,000 209,902
OH 657 36,151,910 55,026
OK 60 4,955,200 82,587
OR 24 6,251,600 260,483
PA 143 13,692,650 95,753
RI 48 9,644,300 200,923
SC 43 4,991,800 116,088
SD 8 1,107,200 138,400
TN 186 19,357,600 104,073
TX 505 74,866,255 148,250
UT 11 3,216,900 292,445
VA 396 137,542,300 347,329
WA 54 14,914,600 276,196
WI 65 8,103,700 124,672
WV 26 3,888,400 149,554
WY 3 407,700 135,900
Total12,1542,579,725,796181,187



8 comments:

A Unique Alias said...

YAY! Break out the streamers! We busted 12,000 before October!!

What does countrywide win?

Anonymous said...

What's going to happen when the resets hit?

Anonymous said...

How many more properties do you think Countrywide is holding back and not currently offering "for sale?" Based on the numbers listed at a ~6% interest rate for all those properties Countrwide is short ~$166 million per year in revenue ($14 million per month). How high will it go? How does this affect Countrywide's balance sheet?

Anonymous said...

This graph is *insane*. Anyone want to bet where this tops out?

Anonymous said...

Thanks for doing this. I haven't quite figured out how to profit with this information but I do appreciate having the data.

BTW, how do you feel about changing the scale to logarithmic?

Thanks again.

Anonymous said...

A person has negative equity. 10%, 20%, 30%, 40%, 50%, who knows! And the goverment is trying to help people refinance? That is CRAZY! They will still have negative equity for many many years to come. But they will bear the brunt of taking the loss instead of the lending institutions that lent it to them.

the baglady said...

wow, nearly 1/4 of these are in California. Florida really looks ok by comparison.

frank said...

Congrats on the TV slot. Sorry I missed this blog!

I found that 48% of homes in Reston are SOL homes.