Foreclosure Information Charts
The next wave of foreclosures is coming....
...below is the data showing how the default market has been backed up from restrictions on the bank's ability to foreclose on properties.
Seriously delinquent loans have risen steadily since early 2007, with the 90 day delinquency rate on all outstanding first mortgages in Orange County approaching 7%.
And here is the chart showing that the 90-day rate has been heading straight up.
Here’s a look at various slices of the O.C. market: total inventory listings; distressed property listings; and the share distressed listings have of total inventory supply on a percentage basis in each niche …
| Slice | All inventory | Distressed | Share |
| By price … |
|
|
|
| • O.C. $0-$250k |
1,376 |
742 |
54% |
| • O.C. $250-$500k |
2,034 |
1,064 |
52% |
| • O.C. $500k-$750k |
1,692 |
446 |
26% |
| • O.C. $750k-$1m |
1,035 |
168 |
16% |
| • O.C. $1m-$1.5m |
936 |
86 |
9% |
| • O.C. $1.5m-$2m |
555 |
31 |
6% |
| • O.C. $2m-4m |
748 |
25 |
3% |
| • O.C. $4m+ |
398 |
6 |
2% |
| All O.C. |
8,681 |
2,559 |
29% |
| • Attached |
3,236 |
1,254 |
39% |
| • Detached |
5,426 |
1,297 |
24% |
| County high share |
|
|
|
| • Foothill Ranch |
30 |
22 |
73% |
| • Anaheim |
318 |
217 |
68% |
| • Santa Ana |
527 |
355 |
67% |
| • Rancho Santa Marg. |
99 |
64 |
65% |
| • Garden Grove |
215 |
131 |
61% |
| • La Habra |
108 |
62 |
57% |
| • Buena Park |
90 |
50 |
56% |
| County low share … |
|
|
|
| • Seal Beach |
288 |
5 |
2% |
| • Laguna Woods |
399 |
11 |
3% |
| • Corona Del Mar |
215 |
10 |
5% |
| • Laguna Beach |
398 |
27 |
7% |
| • Newport Coast |
185 |
13 |
7% |
Information referance: mortgage.freedomblogging.com