14,000 Countrywide Foreclosures This Week

The chart above shows the number of foreclosed properties being offered for sale by Countrywide Mortgage (CFC) since January 2007. As of this week, Countrywide has 14,029 properties for sale around the country, representing almost $2.6 billion of real estate (by list price), at an average list price of $167,055. You can view detailed foreclosure listing in each state at Countrywide's website.

You can view additional foreclosure charts here for individual states. From these state charts, it looks like recent spikes in Florida, Nevada and Arizona foreclosures in the last week were responsible for the reversal of the downward trend in foreclosures that started in late 2007 (see chart above).

Comments

[kurt walter:]

If those 14,000 were in congress, Angie Mozilo would make them a nice deal.

2008 Jun 19 01:06 PM