Lis Pen filings spike in Feb.

[30ashopper]

 

[30ashopper]

A peak in REO's hitting the market is clearly still ahead of us, right now we're looking at a peak sometime around July or August, but that depends on where this peaks. 2010 may end up being "the year of the REO" for Walton County real estate.

 

[AAbsolute]

A peak in REO's hitting the market is clearly still ahead of us, right now we're looking at a peak sometime around July or August, but that depends on where this peaks. 2010 may end up being "the year of the REO" for Walton County real estate.

Nice chart. It has been quite overwhelming to see so many days when there are 17, 18 or 19 Lis Pendens filed in the same day.

Did you read about Orlando Taking the #1 spot on the list for most residential vacancies in a metro? Interesting stat. 10 Highest Homeowner Vacancy Rates - Slideshows - CNBC.com

 

[beachbliss48]

Is there a way to chart how many of the lis pendens are for properties owned by realtors? Developers? Mortgage brokers (for those that still exist)?

 

[AAbsolute]

Is there a way to chart how many of the lis pendens are for properties owned by realtors? Developers? Mortgage brokers (for those that still exist)?

That would sure be tedious. A person would have to physically track the ownership of each and then have personal knowledge of all the variables you named.

We can certainly recognize many of the names as they post. It is a tough time for most people in the businesses you listed.

 

[Dominoes]

That would sure be tedious. A person would have to physically track the ownership of each and then have personal knowledge of all the variables you named.

We can certainly recognize many of the names as they post. It is a tough time for most people in the businesses you listed.

I think this country would not have been in this mess if more parents in the 60s-70s had read their kids the bedtime story about the ants and the grasshopper. IF alot of the real estate developers, realtors, et. al. had just stached away 10% of their profits from 2001-2005 they would have plenty of cash to make their payments now.

Planning for hard times should be part of everyones long-term plans. Unfortunately, the Queen of our ant bed is Obama and he's going to feed all the silly grasshoppers. Back to work, ants!!!

 

[30ashopper]

I think this country would not have been in this mess if more parents in the 60s-70s had read their kids the bedtime story about the ants and the grasshopper. IF alot of the real estate developers, realtors, et. al. had just stached away 10% of their profits from 2001-2005 they would have plenty of cash to make their payments now.

Planning for hard times should be part of everyones long-term plans. Unfortunately, the Queen of our ant bed is Obama and he's going to feed all the silly grasshoppers. Back to work, ants!!!

Man, talk about a blast from the past. Wasn't that also animated at some point?

 

[SHELLY]

Man, talk about a blast from the past. Wasn't that also animated at some point?

[ame="http://www.youtube.com/watch?v=DmtSprLhfKI&feature=related"]YouTube - The Grasshopper And The Ants (1934)[/ame]

 

[rapunzel]

Oh, look...it's from the Great Depression! The last time people learned a lesson about buying tons of a sure thing on margin. Perhaps we should start requiring more economic history in our schools.

 

[traderx]

Oh, look...it's from the Great Depression! The last time people learned a lesson about buying tons of a sure thing on margin. Perhaps we should start requiring more economic history in our schools.

An alarming number of graduating HS seniors cannot locate South America on a map. I doubt that they will comprehend how constrictive monetary policy caused the Great Depression.

Besides teachers are too busy filling out their NCLB paperwork for the feds.