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John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer (CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)

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Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I don't know about San Diego, but overall our foreclosure numbers are still way down compared to two years ago. Although I'm doing more BPOs on some foreclosure listings getting ready to come on the market, and I'm a bit surprised at the number of them. 

Nov 25, 2015 10:01 AM
Rainmaker
2,538,633
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning John. Not sure about your market, but in my local market, there is an increase.

A wonderful Thanksgiving to you and yours.

Nov 25, 2015 07:28 PM
Rainmaker
2,759,862
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good Thursday morning John. I'm not sure about San Diego. I am seeing some distressed properties here though. More than usual.

Nov 25, 2015 06:09 PM
Rainmaker
1,683,912
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

We haven't seen that in Elkhart, Indiana yet.

Nov 25, 2015 11:03 AM
Rainmaker
2,785,276
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Tens of thousands are still under water and some areas harder hit than others...The economy is in trouble, health care doesn't work and morale is low...Hang on and fasten your seat belt.

Nov 25, 2015 10:42 AM
Rainmaker
1,242,104
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

A quick search from Foreclosure Radar suggests it is negative. May be some telemarkers wanting to sign you up for listing...

Nov 25, 2015 09:51 AM
Rainmaker
2,378,755
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

They are coming back in the DC area 

Nov 25, 2015 09:48 AM
Rainmaker
2,443,250
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

I haven't heard that, they are just about gone in our market!

Nov 25, 2015 09:47 AM
Rainmaker
3,988,013
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I don't know abot SAn Diego but ours are about the same and down from one and two years ago.

Nov 25, 2015 09:27 AM
Rainmaker
979,596
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

John - I don't know about San Diego, but here in AZ, distressed properties remain very low.

Nov 29, 2015 05:44 AM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

John DL Arendsen - I am sure it is area dependent. We still do not see any such 'threat' to the prices in our area - and most of them are not undwerwater...

Nov 26, 2015 03:17 PM
Rainmaker
5,879,115
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I thought the San Diego market was hot, and surprised to hear this.

Nov 26, 2015 12:50 AM
Rainmaker
1,664,636
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

No clue about San Diego but not in Albuquerque.  We're still moving along smoothly. 

Nov 25, 2015 11:03 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Thankfully no

Nov 25, 2015 10:38 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I am seeing that here in NH as well. My new bank owned listings are up, way up

Nov 25, 2015 09:56 PM
Rainmaker
5,115,607
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Can't answer the question about SD, but so far no such trend in the Charlotte area.

Nov 25, 2015 09:19 PM
Rainmaker
1,554,237
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

They never went completely away in Chula Vista & South County, but I'm not seeing them in Metro-Coastal; 1/500 maybe. Not sure where in Sd you work, but my answer is no, not seeing them much at all; except the obvious areas where they haven't finished trickling away. I went from doin (by no choice) 100% distressed properties 2006-2012 to not a one in 3 years.

Nov 25, 2015 10:26 AM
Ambassador
6,422,484
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

We are preparing for that time in the cycle, sure to see the shift in the near future.

Feb 17, 2019 09:58 PM
Ambassador
736,702
John DL Arendsen
CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments - Leucadia, CA
Crest Backyard Homes "ADU" dealer & RE Developer

Sam Shueh Not sure I'm totally understanding your answer but I can assure you I'm a little to savvy to be buying into TELEMARKETEERS! LOL! Especially when I've just put offers in on two North San Diego Coastal short sales and they're the real deal.

Nov 25, 2015 09:54 AM