Wednesday, May 2, 2007

15,783 Homes Offered For Sale on Countrywide Financial's Website

Total REO Asking Price: $3,249,790,630
(As of January 9, 2008)


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

Click on state below for detailed listings
.
State Count Total Asking
Price($)
Average Asking
Price($)
AK103,094,000309,400
AL13414,947,590111,549
AR404,194,100104,853
AZ721169,770,700235,466
CA4,0511,313,262,757324,182
CO41669,296,600166,578
CT10221,231,800208,155
DC175,365,900315,641
DE112,158,900196,264
FL1,092246,355,618225,600
GA784100,994,100128,819
HI219,155,000435,952
IA645,346,50083,539
ID244,766,600198,608
IL53281,578,350153,343
IN35723,615,00066,148
KS646,081,90095,030
KY696,684,15596,872
LA465,268,400114,530
MA35273,674,600209,303
MD23370,618,200303,082
ME05445,50089,100
MI1,602113,727,84370,991
MN41663,691,925153,106
MO32630,455,58093,422
MS1219,334,11377,141
MT082,528,200316,025
NC16817,609,300104,817
ND04354,60088,650
NE273,089,300114,419
NH7316,141,800221,121
NJ10829,019,900268,703
NM142,110,600150,757
NV740201,600,590272,433
NY16136,281,200225,349
OH59438,010,95563,992
OK746,226,70084,145
OR5413,204,700244,531
PA15615,648,700100,312
RI6512,029,700185,072
SC647,417,300115,895
SD06722,400120,400
TN22323,714,899106,345
TX63790,066,700141,392
UT3312,573,700381,021
VA754229,111,500303,861
WA6618,543,500280,962
WI10010,891,055108,911
WV407,249,000181,225
WY04528,600132,150
Total15,7833,249,790,630177,583







View more charts

.

14 comments:

Rick Ed Owens said...

Banks are taking quite the hit. Short Sales in Idaho are way up during the third quarter. and Defaults have gone out the roof to begin the year.

Countrywide isn't loving life these days.

upthecreek said...

Hey Angelo.. get back to work...
Your Company is tanking....

Sell some of these dirtbag REO's you have on the market..

OH YA ... you can't get any "Mo Money" from the fed..

Things aren't looking to good for the ORANGE MAN

upthecreek said...

Speaking of banks that rip off people this was a great story




http://www.alternet.org/story/72522/

Anonymous said...

There is one more home in Chandler, AZ not listed on your countrywide foreclosure list why??

mls # 2894599

6886 S Emerald Dr, Chandler AZ
$394,900

upthecreek said...

I just talked to a realtor for one of the CFC foreclosures in our HOA.. He was suppose to have the house listed last month December of 2007.. He keeps calling CFC ..Now they lost the file..He is pissed. What a bunch of idiots at CFC...this is the reason why they will go BK..the house of cards has already imploded...it is a super tanker without a rudder

with open ARMs said...

Even though Countrywide is losing money now, Bank of America just can't wait to get its hands on the 93% of Countrywide's mortgage portfolio that are not past due right now. And who could blame them.

Anonymous said...

Can you do the same type of charts for Arizona showing number of homes and average price?

Dimitris said...

If you click on the link that says "view more charts" - Arizona is listed.
You have to scroll down a bit.

Anonymous said...

Thank you, my reading comprehension skills aren't what they used to be.

Arizona's numbers are the scariest. Eyeballing the numbers it looks like all the other states listed range from 2 to 4 times their beginning numbers. AZ is around 8x.

Anonymous said...

California, as of 1/13/07 now has about 4300 homes listed for sale at the CFC web site. That is a 6% increase in 4 days. Happy New Year!

Kevin said...

Wow, if thats true I can't wait to see the next update. Maybe Countrywide is bringing back all those auction properties that never sold?
It really seems to be accelerating in the last week.

upthecreek said...

OH Boy!!! This is going to get Ugly..
my bet is that B of A does not finish the deal with CFC ...Just a smokescreen to keep the company on Life support for 6 more months...
Remember the Enron /Dynegy Buyout that failed...History will repeat

Anonymous said...

Taking bets on when they hit 20K foreclosed properties? I'd say late March.

Rich said...

Is CFC going to agressively unload these 15,783 properties (and the thousands more frozen in the NOD, TS and short sale pipeline) or are they just going to fiddle while Rome burns?
Come on - show some executive leadership! Are you mice or men?
TALK TO US!