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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (60195)8/18/2006 12:37:45 PM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
Maybe people who were holding on until the busy season are now giving up due to the realization the buyers are gone? If that's the case there will be a huge spike in foreclosures nationwide in the next month or two.



To: John Vosilla who wrote (60195)8/18/2006 12:47:11 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
Bought some XLF puts here (Sept 32's). They're pricing almost no volatility for the month of September. I disagree....<G>



To: John Vosilla who wrote (60195)10/20/2006 1:11:29 AM
From: John VosillaRespond to of 306849
 
Update on new foreclosure filings. Finally started skyrocketing in my FL county of almost 2 million people with a 76% increases over last year in September and a 56% increase over last year in August:

September 2006 total of 991 versus September 2005 total of 567
August 2006 total of 1043 versus August 2005 total of 668
July 2006 total of 948 versus July 2005 total of 637
April 2006 total of 618 versus April 2005 total of 609
Jan 2006 total of only 515 versus Jan 2005 total of 807

700-800+ per month had been quite common in the late 1990's till early 2003. Once the appreciation wave took off new foreclosure filings dropped substantially until summer 2006..

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