(As of October 16, 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 | 10 | 2,870,000 | 287,000 |
AL | 132 | 13,330,000 | 100,985 |
AR | 28 | 2,846,300 | 101,654 |
AZ | 380 | 92,785,800 | 244,173 |
CA | 3,212 | 1,146,934,257 | 357,078 |
CO | 407 | 72,206,700 | 177,412 |
CT | 79 | 18,502,400 | 234,208 |
DC | 15 | 4,254,500 | 283,633 |
DE | 14 | 3,513,600 | 250,971 |
FL | 801 | 189,112,250 | 236,095 |
GA | 655 | 86,221,600 | 131,636 |
HI | 27 | 10,997,300 | 407,307 |
IA | 45 | 3,631,834 | 80,707 |
ID | 15 | 2,296,106 | 153,074 |
IL | 363 | 57,452,150 | 158,270 |
IN | 332 | 20,897,000 | 62,943 |
KS | 62 | 5,343,800 | 86,190 |
KY | 76 | 7,809,300 | 102,754 |
LA | 52 | 5,924,900 | 113,940 |
MA | 345 | 75,775,100 | 219,638 |
MD | 129 | 42,404,400 | 328,716 |
ME | 2 | 197,800 | 98,900 |
MI | 1,562 | 111,654,170 | 71,482 |
MN | 374 | 59,685,550 | 159,587 |
MO | 314 | 30,835,774 | 98,203 |
MS | 118 | 10,529,305 | 89,231 |
MT | 6 | 1,559,400 | 259,900 |
NC | 164 | 18,404,000 | 112,220 |
ND | 4 | 366,600 | 91,650 |
NE | 34 | 2,625,700 | 77,226 |
NH | 70 | 15,916,820 | 227,383 |
NJ | 79 | 22,670,300 | 286,966 |
NM | 10 | 1,446,000 | 144,600 |
NV | 599 | 188,316,650 | 314,385 |
NY | 119 | 25,410,700 | 213,535 |
OH | 677 | 38,970,949 | 57,564 |
OK | 48 | 3,691,400 | 76,904 |
OR | 32 | 7,254,800 | 226,713 |
PA | 136 | 12,918,300 | 94,988 |
RI | 55 | 11,200,600 | 203,647 |
SC | 47 | 5,085,400 | 108,200 |
SD | 9 | 1,276,100 | 141,789 |
TN | 193 | 19,933,699 | 103,283 |
TX | 583 | 88,135,299 | 151,175 |
UT | 14 | 3,427,600 | 244,829 |
VA | 477 | 159,030,200 | 333,397 |
WA | 63 | 15,725,700 | 249,614 |
WI | 63 | 7,095,790 | 112,632 |
WV | 26 | 3,884,400 | 149,400 |
WY | 4 | 567,600 | 141,900 |
Total | 13,061 | 2,732,925,903 | 175,194 |
CFC Asking price on October 8, 2007 was $599,900 for a California REO property shown on the chart above. The error on CFC's website is about half a billion too much for this house! I’m assuming Countrywide's intention was to drop the price to $574,900 from $599,900 instead of raising it over half a billion dollars to the $574,900,000 asking price.
Please consult Countrywide Financial for the correct price if you are interested in purchasing this property. All data provided here is AS IS. This blog is not affiliated with Countrywide Financial. :)
Update 10-17: (Hat Tip to Ace) Yet another rather important error on Countrywide Financial's REO Website: Incorrect Contact Phone Numbers
I would guess that CFC's listing agents will not be receiving many phone calls for the 13,000+ REO's listed on CFC's website since all contact phone numbers are wrong! The first three numbers of the last four numbers on all numbers are repeated. Click on screenshot below, the errors are highlighted in red.
Update 10-19: Countrywide has fixed both errors shown above.
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4 comments:
Looks like CA is back on track.
Wow. I guess not too many nibbles at auction. :-/
Yeah, looks like all the auction properties were put right back on again.
All these errors....must be getting a bit difficult to handle 10,000....er 11,000....I mean 13,000 foreclosures....soon to be 20,000..........???
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