Saturday, June 30, 2007

13,304 Homes Offered For Sale on Countrywide Financial's Website

Total REO Asking Price: $2,395,057,581
(As of June 29, 2008)



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

Click on state below for detailed listings
.

State Count Total Asking
Price($)
Average Asking
Price($)
AK04978,600244,650
AL12213,888,699113,842
AR292,860,10098,624
AZ615118,897,703193,330
CA3,331831,035,880249,485
CO21040,710,079193,858
CT14324,309,199169,994
DC206,103,000305,150
DE193,061,100161,111
FL1,548285,801,708184,626
GA63174,487,894118,047
HI228,080,000367,273
IA424,382,288104,340
ID348,993,950264,528
IL51579,615,743154,594
IN25815,037,89358,286
KS364,519,400125,539
KY836,724,40081,017
LA322,662,80083,213
MA27044,299,190164,071
MD25168,399,198272,507
ME131,276,70098,208
MI1,06987,788,50382,122
MN44866,706,006148,897
MO21119,354,92391,729
MS799,416,065119,191
MT071,529,300218,471
NC12022,725,797189,382
ND03314,700104,900
NE172,189,300128,782
NH6612,738,899193,014
NJ16238,416,784237,141
NM162,015,400125,963
NV46297,989,890212,099
NY13933,729,497242,658
OH41423,333,19856,360
OK262,443,60093,985
OR7317,437,700238,873
PA12013,745,406114,545
RI8314,520,800174,949
SC647,669,399119,834
SD05472,60094,520
TN21219,225,99890,689
TX44163,707,250144,461
UT3914,364,200368,313
VA585140,286,633239,806
WA7920,760,000262,785
WI9410,135,410107,824
WV375,250,299141,900
WY05664,500132,900
Total13,3042,395,057,581165,648













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5 comments:

Anonymous said...

Dimitris,

How did you get this info? Did you manually compile it?

Dimitris said...

It's publicly available on Countrywide's REO site. Yes, I manually compiled it. I've been keeping score for a while now. I believe that the prices of REO's is a pretty good leading indicator in the direction of home prices.

Anonymous said...

Definitely a reflection of the economy as a whole. Not only housing prices drop but the collapse of the credit markets. Eventually we will ride out this problem, but if you have cash now there are some bargains to be had.

http://gewdir.com the bad credit loans blog

Chris said...

Dimitris

Any chance you're able to compile a graphs (like the ones for Florida and California)for Connecticut?

Anonymous said...

what percentage of the outstanding REO asking price do you think represents a loss to CFC..now BOA?