Submit a Story!
Votes
vote down flag
ocregister.com - 5/18/2009
County absorbs first wave of foreclosures
—
Inventory of unsold foreclosures has held steady since September.

Blog Reactions

Irvine Housing Blog:  Irvine’s Future REO Inventory

Calculated Risk:  Foreclosure Resales: Slow in High Priced Areas

Comments
Blog Reactions

Irvine’s Future REO Inventory
Irvine Housing Blog — ... It is conventional wisdom in the housing blog community (and the OC Register) that a giant wave of foreclosures is coming later this year, but what facts do we have that support this thesis? Today, we take a look at the available data and show this wave in its formative stage. ...

Foreclosure Resales: Slow in High Priced Areas
Calculated Risk — From Matt Padilla at the O.C. Register: County absorbs first wave of foreclosures Banks have seized homes in Orange County at a pace that dwarfs the darkest days of the housing downturn in the 1990s. Yet eager buyers have grabbed those properties, keeping the county's foreclosure inventory in check, according to a special report from MDA DataQuick. Hold the sigh of relief. Some economists see a second wave of foreclosures coming. Click on photo for larger image in new window. This graphic from ...

Related Content
LA Times: 'Another wave of foreclosures'
calculatedriskblog.com 7/4/2009 — From Don Lee at the LA Times: Another wave of foreclosures is poised to strike Just as the nation's housing market has begun showing signs of stabilizing, another wave of foreclosures is poised to strike, possibly as early as this summer, inflicting ...
Foreclosures: One Giant Wave, Still Building
calculatedriskblog.com 8/7/2009 — From Matt Padilla at the O.C. Register: Foreclosure wave gathers momentum “To say there is a second wave implies the (current) wave has receded,” [Sam Khater, senior economist, First American CoreLogic] “I don’t see that the wave has receded.”  ...
Nationwide Unemployment County By County (Time Lapse '06-'09)
dailybail.com 18 days ago — Click the image to see the unproductive scourge of recessionary unemployment come sharply into focus, county by county (time-lapse chart runs 30 seconds).  As far as we can tell, the figures are based on the BLS U3 measurement and thus don't show the true nature of job ...
The Galveston County Daily News
galvestondailynews.com 6/28/2009 — 2009 The Galveston County Daily News. All rights reserved. A Southern Newspapers Publication.
Alt-A Foreclosures in Sonoma
calculatedriskblog.com 6/12/2009 — The Press Democrat: Alt-A loans: Second wave of foreclosures ahead (ht Atrios) reports that there are 18,000 Alt-A mortgages in Sonoma County (about 18 percent of all mortgages). This is a larger percentage of mortgages in Somona County than for ...
Another wave of foreclosures is poised to strike - Los Angeles Times
latimes.com 7/4/2009 — Reporting from Washington -- Just as the nation's housing market has begun showing signs of stabilizing, another wave of foreclosures is poised to strike, possibly as early as this summer, inflicting new punishment on families, communities and the ...
Mandelman vs. Matt Padilla of the Orange County Register B
hf-implode.com 7/13/2009 — " There’s a guy named Matt Padilla who writes a column for the Orange County Register. He calls himself “The Mortgage Insider,” and I’m not even going to comment on someone who deems himself an “insider”. Anyway, I’ve tried to reach him on a couple of occasions and been ignored, and in fact, ...
Are home equity - Business
ocregister.com 6/13/2009 — > Record foreclosures hitting Orange County involve more than just newbie buyers who got in over their heads. Some housing watchers say evidence is mounting that even veteran homeowners got caught up in housing euphoria and now are paying for it. The ...
Banks hold few foreclosures
mortgage.freedomblogging.com 27 days ago — The latest foreclosure figures from First American CoreLogic show a growing divergence in what’s happening to problematic mortgages in Orange County. The ratio of bank-owned houses and condos, known as REO, against all outstanding first mortgages ...
Orange County Fatal Car Accident
productdefectnewsandadviceblog.com 9/28/2009 — Ryan Kritz, 20, died in an Orange County car accident on September 26, 2009 after he crashed his car through a concrete block wall and landed in a home's swimming pool, in Orange, California. According to a news report in The Orange County Register, Kritz was headed north on Cannon Street in an ...