Tracking foreclosures in Los Angeles
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If you enjoy real estate data, you should definitely bookmark OC Renter’s Bubble Markets Inventory Tracking, which delivers exactly what its title promises. Over the weekend OC Renter posted a clip-and-save item tracking foreclosures and pre-foreclosures by county, based on stats from foreclosure.com. An L.A. snapshot:
Month Cumulative foreclosures Cumulative pre-foreclosures
6/06 698 13,712
6/07 5,791 15,110
5/08 14,149 36,372
Hat tip, and analysis, from CD via comments: ‘Armageddon.’
Note: Stats from 5/06 are not available, so I chose the odd June-June-May timeline.Your thoughts? Comments? E-mail story tips to peter.viles@latimes.com