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2012 Oct 26, 7:09am   13,380 views  14 comments

by thankshousingbubble   ➕follow (7)   💰tip   ignore  


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2   edvard2   2012 Oct 26, 7:41am  

Down we go to look at a chart showing rising rents. Yay!

3   David9   2012 Oct 26, 8:30am  

Wow, Tarzana, 91356, a relatively upscale neighborhood, especially South of Ventura Boulevard:

142 ---> For Sale
29 ---> Foreclosed
180 ---> Pre Foreclosure

4   David9   2012 Oct 26, 8:49am  

Crap, Even the Dallas Real Estate Market Still Sucks, 75235:

For Sale ---> 34
Foreclosed ---> 15
Pre-Foreclosure ---> 16
For Rent ---> 173
Sold ---> 1

Thanks Roberto! lol

5   David9   2012 Oct 26, 9:22am  

roberto, yeah, before I posted Tarzana and Dallas I checked 'West' West Palm Beach, 33414, expecting not good numbers and they were not bad, relatively of course, for sale -> 814, foreclosed -> 88, pre-foreclosure -> 363, for rent -> 462, and sold -> 3433.

Texans are not Californians.

Seriously, nice tool / guage. Thanks.

6   pkennedy   2012 Oct 26, 1:05pm  

So rents from $1140 to $900? Based on the way that graph moves, it looks like there aren't very many data points in there. It doesn't include what neighbourhoods are involved or anything else.

$900 rent supports a house cost of around $160,000 in terms of PITI for a break even point. From what I've seen robertos buying homes at, it seems like they're huge cash cows.

7   Joe at Sunnyvale   2012 Oct 26, 2:26pm  

Darrell In Phoenix says

Cratering rental rates.... and falling.

I live in Bay area. As far as I can tell, rents are going up, about 15% higher than a year ago in the apartment I rented.

8   Repubthug   2012 Oct 26, 9:22pm  

In my zip code : 33324

in broward county(Fort Lauderdale area) a decent city

here are the numbers

for sale : 445

Pre-Market :
Pre-Forclosure : 226
Forclosed : 75

For rent : 572

Recently sold : 2775

Boy,looks like lots of units are already sold recently

Did I miss the buss?been on the sidelines for too long?

also if you like foreclosed or preforclosed place,whats the approach to follow to buy one

9   Shaman   2012 Oct 28, 6:40am  

In my town (Huntington beach) there was 120 houses for sale, and 132 per foreclosures, best I could count.

My question is this: has anyone figured out how to turn info on a preforclosure into an opportunity?

10   Eman   2012 Oct 28, 9:55am  

How can I find it when there is no NOD filing?

11   Goran_K   2012 Oct 28, 4:02pm  

Concord, Pittsburg, and Vallejo have some amazing numbers.

12   BayArea   2012 Oct 29, 9:32am  

The Professor says

I think I have found a winner!

I could have told you it was going to be Pittsburg, Antioch, Vallejo, Oakland before any number crunching

13   bubblesitter   2012 Nov 1, 4:33am  

BayArea says

The Professor says

I think I have found a winner!

I could have told you it was going to be Pittsburg, Antioch, Vallejo, Oakland before any number crunching

I guess they all moved to much coveted parts of BA and hence Norcal is booming!

14   bmwman91   2013 Jan 1, 4:03am  

Can anyone find out how many of those pre-FC properties are owned by Fannie and Freddie? That bit of information will become pertinent in February.

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