{"id":680,"date":"2006-11-25T09:39:59","date_gmt":"2006-11-25T16:39:59","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=680"},"modified":"2006-11-25T09:40:57","modified_gmt":"2006-11-25T16:40:57","slug":"amazingly-low-foreclosure-rate-at-a-two-year-high","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/680\/amazingly-low-foreclosure-rate-at-a-two-year-high\/","title":{"rendered":"Amazingly low foreclosure rate at a two year high . . ."},"content":{"rendered":"

It’s Saturday, the Arizona Republic<\/i>‘s favorite day to piss on the real estate market. Today ace reporter Catherine Reagor informs us that foreclosures are up<\/a>. “By how much?” you ask. You don’t read the Republic<\/i> much, do you?<\/p>\n

Instead of actual numbers we get all manner of obfuscation, scary anecdotes, out-of-context statistics and quotations from authorities of dubious authority.<\/p>\n

But if you wade your way to the eleventh paragraph, you get to the real numbers. How many foreclosure auctions last month? One-hundred-thirty-three. An additional 1,186 homeowners got trustee notices, which means that if they don’t sell, refinance or catch up on their payments quickly, their homes will be auctioned.<\/p>\n

I cannot tell you with certainly how many owned domiciles there are in Maricopa County. A million, at least. I feel bad for the 133 families who lost their homes in foreclosure auction, but I expect more homes than that burned down last month.<\/p>\n

In other words, the change in the rate of foreclosures is interesting only because our foreclosure rate has been outrageously low over the last two years.<\/p>\n

Why are newspapers dying? How about because they refuse to tell the whole truth…?
\n<\/p>\n

Technorati Tags: arizona<\/a>, arizona real estate<\/a>, phoenix<\/a>, phoenix real estate<\/a>, real estate marketing<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

It’s Saturday, the Arizona Republic‘s favorite day to piss on the real estate market. Today ace reporter Catherine Reagor informs us that foreclosures are up. “By how much?” you ask. You don’t read the Republic much, do you? Instead of actual numbers we get all manner of obfuscation, scary anecdotes, out-of-context statistics and quotations from […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6,5],"tags":[],"class_list":{"0":"post-680","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-marketing","7":"category-real-estate","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":13281,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/13281\/the-good-news-in-the-housing-market-we-may-be-witnessing-the-beginning-of-the-end-of-the-bad-news-in-the-housing-market\/","url_meta":{"origin":680,"position":0},"title":"The good news in the housing market? We may be witnessing the beginning of the end of the bad news in the housing market.","author":"Greg Swann","date":"September 20, 2010","format":false,"excerpt":"From The New York Post:The latest numbers suggest we're finally at the beginning of the end of the housing correction -- no thanks to Washington. Last Thursday's numbers from Realtytrac seemed like bad news. In August, foreclosure auctions hit their second-highest monthly total in the report's history: 147,003, up 9\u2026","rel":"","context":"In "Flourishing"","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5965,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5965\/seriously-whos-a-better-risk-for-a-mortgage-than-someone-who-has-already-lost-a-home-to-foreclosure\/","url_meta":{"origin":680,"position":1},"title":"Seriously,\u00a0who’s a better risk for a mortgage than someone who has already lost a home to foreclosure?","author":"Greg Swann","date":"December 6, 2008","format":false,"excerpt":"This is my column for this week from the Arizona Republic (permanent link). \u00a0Seriously, who's a better risk for a mortgage than someone who has already lost a home to foreclosure? We talked last week about credit flexibility among merchants as they try to find ways around the banking crunch.\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6124,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6124\/for-some-the-most-financially-astute-course-of-action-may-be-to-fake-their-way-to-foreclosure\/","url_meta":{"origin":680,"position":2},"title":"For some, the most financially-astute course of action may be to fake their way to foreclosure","author":"Greg Swann","date":"December 13, 2008","format":false,"excerpt":"This is my column for this week from the Arizona Republic (permanent link). \u00a0For some, the most financially-astute course of action may be to fake their way to foreclosure Looking for some good news in the Phoenix residential real estate market? So is everyone else. New foreclosures are down, as\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5613,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5613\/a-workout-loan-can-be-a-win-win-solution-to-avoiding-foreclosure\/","url_meta":{"origin":680,"position":3},"title":"A workout loan can be a win-win solution to avoiding foreclosure","author":"Greg Swann","date":"November 15, 2008","format":false,"excerpt":"This is my column for this week from the Arizona Republic (permanent link). \u00a0A workout loan can be a win-win solution to avoiding foreclosure We talked last week about lender \"workout\" loans -- a scheme lenders have come up to keep homes from falling into foreclosure. The premise is simple:\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4418,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4418\/fannie-and-freddie-fall-to-foreclosure-but-still-lenders-lend\/","url_meta":{"origin":680,"position":4},"title":"Fannie and Freddie fall to foreclosure, but, still, lenders lend","author":"Greg Swann","date":"September 14, 2008","format":false,"excerpt":"This is my column for this week from the Arizona Republic (permanent link). \u00a0Fannie and Freddie fall to foreclosure, but, still, lenders lend I write this column at the beginning of the week, and it appears at the end of the week. My topics are usually timeless, but, if I\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5199,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5199\/foreclosure-homes-are-sold-as-is-but-most-need-only-minor-restoration-to-bring-them-back-to-fully-livable-condition\/","url_meta":{"origin":680,"position":5},"title":"Foreclosure homes are sold “as-is” — but most need only minor restoration to bring them back to fully-livable condition","author":"Greg Swann","date":"October 25, 2008","format":false,"excerpt":"This is my column for this week from the Arizona Republic (permanent link). \u00a0Foreclosure homes are sold \"as-is\" -- but most need only minor restoration to bring them back to fully-livable condition If we were to have a contest for the Valley's most-gutted home, judging might take a while. 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