The Q3 Foreclosure Report Is In
I was checking my inbox recently and found the latest info on foreclosures from Property Shark. Last time I wrote about foreclosures back in September, I noted that parts of the San Fernando Valley topped the charts for number of foreclosures in the Southern California area. Here is a brief list, so you can see which areas have the most foreclosed homes for the third quarter of 2008:
Taking the #3 spot for the second time in a row is Sylmar with 301 trustee sales.
Pacoima keeps the #4 spot with 290 trustee sales.
Reseda is new to the list, taking the #11 spot with 225 trustee sales.
If you’re interested in the chart, click on it to enlarge.
I also combed the report for other areas I thought some of our readers might be interested in. These are all Q3 foreclosure numbers.
Encino (91316): 68
Encino (91436): 15
Sherman Oaks (91403): 33
Sherman Oaks (91423): 33
Woodland Hills (91367): 63
Woodland Hills (91364): 57
West Hills (91307): 45
West Hills (91304): 110
Back in September, a reader asked if I thought the stats indicated a firming market in West Hills (91307). Given this latest foreclosure report, the fact that the number of houses for sale is only declining slightly (perhaps due to seasonal influences), and the fact that the charts still show the sold price per square foot to decline, I would have to say we’re not at the bottom yet. (Some of you might be saying, “duh!”)
What are your thoughts? Are any of you actually finding bargains in the foreclosure market? Please share.
Kent said:
Christina – great analysis of foreclosures and market health.
I have an off topic question and this seems to be the best spot to post (sorry, I did scan earlier postings). What’s your sense of which – a house or a condo – would appreciate quicker once the market hits bottom? I’m a firm believer that you should look for a home first and an investment second, so I’m asking assuming the first criteria has been met.
October 5, 2008 4:23 PM
Christina Chan said:
Hi Kent-
In general, I think it’s safe to say that single-family homes tend to hold their values better than condominiums – especially in a down market.
That having been said, I don’t think either a house or condo will appreciate quickly in this market. I believe once we hit bottom, it will be a slow rise back up.
If anyone feels differently, do comment.
October 6, 2008 8:23 AM
Knifiefnoks said:
שלום לכולם, אני אחרי חיפוש מעמיק אחרי מחירים נורמאלים לתוספי תזונה ורציתי לחלוק אתכם את המידע:
מצאתי אצל בטבע בנחלה
(נחלת יצחק תל אביב –אבל הם עושים משלוחים וגם באינטרנט!: ויטמינים (כל מה שרצית לדעת על מזון פונקציונלי ולא ידעת את מי לשאול, ויטמינים, מינרלים, חומצות אמינו,תוספי תזונה וכו
ייעוץ מקצועי ומחירים לא רעים בכלל לדוגמא:
ויטמין C עכשיו במחיר הכי זול שמצאתי 29.90שח 100 כדורים, שח 79.90 500 כדורי
May 25, 2009 10:52 AM
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MinoVioda said:
שלום לכולם
לאחרונה התחלתי לקחת תוספי תזונה נגד נשירת שיער ואני חייב לומר שאני מתחיל להרגיש מעולה
בחיים לא האמנתי שויטמינים יעזרו לי עם הבעיה הזאת אני אישית מאוד ממליץ לכם להתחיל לנסות
בכל מקרה, תשמרו על עצמכם ועל ה תזונה
אחלה פורום
September 26, 2009 2:16 AM
MinoVioda said:
שלום לכולם
לאחרונה התחלתי לקחת תוספי תזונה נגד נשירת שיער ואני חייב לציין שאני מתחיל להרגיש שינוי
בחיים לא חשבתי שויטמינים יעזרו לי עם הבעיה הזאת אני אישית מאוד ממליץ לכם להתחיל לנסות
בכל מקרה, תשמרו על עצמכם ועל ה תזונה
סתם רציתי לשתף
September 26, 2009 5:29 PM