(As of July 10, 2008)
Source: http://www.countrywide.com/purchase/f_reo.asp
Click on state below for detailed listings.
State | Count | Total Asking Price($) | Average Asking Price($) |
AK | 05 | 1,091,500 | 218,300 |
AL | 130 | 14,474,098 | 111,339 |
AR | 27 | 2,415,300 | 89,456 |
AZ | 538 | 103,676,161 | 192,707 |
CA | 3,196 | 789,450,858 | 247,012 |
CO | 175 | 38,099,810 | 217,713 |
CT | 141 | 23,757,300 | 168,491 |
DC | 20 | 6,064,000 | 303,200 |
DE | 18 | 2,781,200 | 154,511 |
FL | 1,521 | 278,409,012 | 183,043 |
GA | 610 | 70,656,793 | 115,831 |
HI | 20 | 6,912,200 | 345,610 |
IA | 34 | 3,851,766 | 113,287 |
ID | 37 | 9,330,250 | 252,169 |
IL | 534 | 79,535,197 | 148,942 |
IN | 246 | 15,432,430 | 62,733 |
KS | 37 | 4,621,300 | 124,900 |
KY | 72 | 6,200,300 | 86,115 |
LA | 32 | 3,347,800 | 104,619 |
MA | 262 | 42,868,799 | 163,621 |
MD | 253 | 69,896,747 | 276,272 |
ME | 12 | 1,046,800 | 87,233 |
MI | 1,078 | 85,800,804 | 79,593 |
MN | 429 | 63,140,328 | 147,180 |
MO | 187 | 17,281,283 | 92,413 |
MS | 76 | 9,246,347 | 121,662 |
MT | 07 | 1,338,300 | 191,186 |
NC | 115 | 21,585,473 | 187,700 |
ND | 03 | 294,700 | 98,233 |
NE | 11 | 1,796,900 | 163,355 |
NH | 62 | 11,584,200 | 186,842 |
NJ | 145 | 34,260,701 | 236,281 |
NM | 15 | 1,817,500 | 121,167 |
NV | 449 | 95,033,410 | 211,656 |
NY | 139 | 34,042,698 | 244,911 |
OH | 406 | 24,175,171 | 59,545 |
OK | 27 | 2,701,300 | 100,048 |
OR | 63 | 15,086,050 | 239,461 |
PA | 115 | 14,230,106 | 123,740 |
RI | 78 | 13,555,300 | 173,786 |
SC | 66 | 7,945,600 | 120,388 |
SD | 07 | 771,500 | 110,214 |
TN | 191 | 16,970,548 | 88,851 |
TX | 422 | 62,191,794 | 147,374 |
UT | 32 | 12,433,000 | 388,531 |
VA | 539 | 125,699,830 | 233,209 |
WA | 85 | 24,271,400 | 285,546 |
WI | 94 | 10,077,825 | 107,211 |
WV | 35 | 4,864,500 | 138,986 |
WY | 03 | 567,700 | 189,233 |
Total | 12,799 | 2,286,683,889 | 167,108 |
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5 comments:
None of the banks are interested in working out SOLUTIONS and the GOVERNMENT isn't hepling homeowners.
The EASIEST solution is to stop the bleeding. Why not re-evaluate mortgage amounts to TODAYS market. (If the actual house value on 300K note is only 150K today, just rewrite the mortgage) and let's start over! What is the advantage of continuing to push homes and Americans into foreclosure adding MORE inventory to a flooded market and INCREASING the downward spiral in value and the American economy. PLEASE EXPLAIN THE LOGIC FOR AMERICANS, BUSINESS, AND THE STUPID BANKS!!!!
You neglected one important factor, which also happens to be the primary cause of panic, the missing 150k in your logic. That was real money that was loaned to purchase those homes. Get it?
The housing crisis is worsening every day, and homeowners are still waiting for the banks or the government to do something. Meanwhile, their foreclosures are getting harder and harder to stop. Rather than wait, homeowners need to take a positive and assertive attitude to get themselves out of foreclosure. Stop waiting around, seek professional advice and stop your foreclosure today!
Okay spam doctor. I'm sure you'll fix everything!
-JG
Notices of default just went up 410% over last year in Bend Oregon. The Bend Oregon real estate market does not look good and I have been selling real estate here since 1981.
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