Foreclosure Filings fall to the lowest year since 2007

    Without a Graph, I’m pretty much dead on the water.  I have to get my mind around changes and numerical data points.

    That is the same when it comes to prices and inventory.  The graphical data makes it clear to most people – so let me provide some for those of you that are of the “like minded” crowd.

    CA Filings

    If you look this “updated” graph, you will see what the CNN money articles is talking about.

    This is rendering the Foreclosure activity in the State of California.  You can see that the amount of Foreclosure Filings have been cut into half over the last year.

    I’m not surprised when we see the direct result on the “streets” of real estate.  We know who and what is at play here and that is known as “big money”.

    They are purchasing homes in their typical “hand over fist” style in most of the Cities across these united states.  However, they are not doing it themselves – for the most part.

    They have their Runners, bidders and contact folks.  It is typically not a “clean wheel and deal” with the banks.  There are a few hands that have to get greased to allow a bulk sale to go through.

    The good news is that at most bulk sales the “big money” is buying real estate for pennies on the dollar. Typically, depending on their model, they are going to want to rehab and sell versus rent.

    If you are looking to buy – one of these “bulk sale flipps” could be the way to go.  Be Safe – Talk soon and thanks for checking out the Paris911 Team at REMAX of Santa Clarita’s Foreclosure intel.

    Check out our Help me find a foreclosure page.  We can help you achieve your Foreclosure Goals.

    Latest Report on the Foreclosure Crisis – check out this Foreclosure Low Alert by CNN money.

    Your New Foreclosures alert, Paris911’s Auction Alert for Santa Clarita Valley, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Auction 149892 18936 NADAL ST CANYON COUNTRY 91351 CA SFR 1120 3 2.00 03/04/2013 $293,177.00 $368,892.00

    Auction 520402331 28217 SHELTER COVE DR SANTA CLARITA 91350 CA SFR 2071 4 3.00 03/04/2013 $382,378.00 $331,279.00

    Your New Foreclosures alert, Paris911’s Santa Clarita Bank Owned Real Estate Alert, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Bank Owned 517448168 26835 AVENUE OF THE OAKS B NEWHALL 91321 CA CND 864 2 2.00 02/15/2013 $113,225.00 $105,300.00

     

    Trackback from your site.

    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

    Leave a Reply

    Contact Us Now

    Any questions, comments, or feedback

    SCVnest Radio Show (listen now)