The following data comes from www.ForeclosureListService.com.

The last several months of 2011 saw a slow down in new foreclosure filings, but not because things were getting better. Lenders were trying to clean up the “robo signing” mess, even though California’s foreclosures weren’t directly involved in that scandal.

Some states (like Florida) are judicial foreclosure states, meaning every foreclosure must be done through the court, whereas California’s foreclosure process is done through a defined process established by statute.

Some believe the rate of foreclosures may pick up in 2012. However, this week a coalition of state Attorney Generals are close to a deal with the nation’s largest lenders to provide mortgage relief (loan mods with principle reductions) which may slow down the number of foreclosures – and boost the values of real estate.

Here’s the data:

Monthly graph – last 12 months

Quarterly graph since 2006 ending Q4 2011

December home sales numbers have continued to spike upward for Ventura, Camarillo and Oxnard.

But single family home price points decreased in December for Ventura and Camarillo with Oxnard remaining steady.  Condo price points for the 3 cities are mixed.

Because monthly reports for prices tends to be volatile, I like to see what the quarterly trend lines show. Now that December’s in the books, Ventura and Camarillo price points are still trending upward while Oxnard is trending down.

The percentage of single family homes that were distressed sales in the month of  December are:

Ventura – 49%      Oxnard – 51%      Camarillo – 45%

Sold prices – Single family homes in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q4

Sold prices – Condos in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q4
  

Numbers sold – Single family homes in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q4

Detailed data for single family homes sold in:

• Ventura
• Oxnard
• Camarillo

Detailed data for condos sold in:

• Ventura
• Oxnard
• Camarillo

Detailed monthly data for pendings (in escrow) – single family homes and condos:

• Ventura
• Oxnard
• Camarillo

All data is taken from the Ventura, Oxnard and Camarillo MLS.

The following data comes from www.ForeclosureListService.com.

We are definitely seeing a surge in the filing of new foreclosures in Ventura County. The first step in California’s foreclosure process is the filing of the Notice of Default. That period lasts 3 months, then the trustee/lender files the Notice of Trustee Sale document which gives the time, place and amount of bid for the property. If the property goes to auction, a Trustee Deed is recorded showing the new owner. It can either be the lender (if no third party bid for it) or the successful high third party bidder.

Foreclosure_statistics_monthly_october-2011

Foreclosure_statistics_quarterly_sept-no_line-2011

November home sales numbers continued to fall in Ventura and Camarillo with a slight uptick in Oxnard.

Single family home price points increased for Ventura and Camarillo and Oxnard remains steady; but condo price points for Ventura are softening while Oxnard had a modest increase and Camarillo bounced back up.

Because monthly reports are more volatile, I’m waiting for December’s numbers so we can see how the broader trend looks for the last quarter of 2011.

The percentage of single family homes that were distressed sales in the month of  November are:

Ventura – 49%      Oxnard – 63%      Camarillo – 51%

Sold prices – Single family homes in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q3

Sold prices – Condos in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q3
  

Numbers sold – Single family homes in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q3

Detailed data for single family homes sold in:

• Ventura
• Oxnard
• Camarillo

Detailed data for condos sold in:

• Ventura
• Oxnard
• Camarillo

Detailed monthly data for pendings (in escrow) – single family homes and condos:

• Ventura
• Oxnard
• Camarillo

All data is taken from the Ventura, Oxnard and Camarillo MLS.

October home sales numbers show a continued sharp slow down in Oxnard and also (but not as intense) slow downs for Ventura and Oxnard. As we start to head into the holiday season we traditionally see sales activity begin to moderate.

Single family home price points for Camarillo stabilized in September and October and Ventura saw an increase, but condo price points appear to be softening.

The percentage of single family homes that were distressed sales in the month of  October are:

Ventura – 41%      Oxnard – 64%      Camarillo – 48%

Sold prices – Single family homes in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q3

Sold prices – Condos in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q3
  

Numbers sold – Single family homes in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q3

Detailed data for single family homes sold in:

• Ventura
• Oxnard
• Camarillo

Detailed data for condos sold in:

• Ventura
• Oxnard
• Camarillo

Detailed monthly data for pendings (in escrow) – single family homes and condos:

• Ventura
• Oxnard
• Camarillo

All data is taken from the Ventura, Oxnard and Camarillo MLS.

The number of filings of Notice of Defaults for September (first step in the foreclosure process) continued a second month of decline from August even though the quarterly graph shows a turn upward.

The spread between the blue line and the green line always intrigues me. The green line represents completed foreclosures – over 200 homes a month.

I just don’t understand why homeowners – who know they can’t afford to keep their home – allow their lender to foreclose when they could be in control of the process and do a US Treasury HAFA short sale – and get $3,000 at close of escrow!

• 12 month graph

• Quarterly graph ending in Q3

Leslie posted her detailed statistics for Ventura, Oxnard and Camarillo yesterday and I was very curious to see if I could see any trends starting to emerge. With all the negative housing news in the media (nationally), I wanted to see what was going on in our neck of the woods.

What surprised me was the trending of number of homes sold over the past 12 months - trend lines are up strongly for all 3 cities.

As far as trending over the past 12 months for home prices, Camarillo has softened, but Ventura and Oxnard have remained flat, which isn’t bad all things considered.

Leslie has started showing the percentages of distressed sales (foreclosures and short sales) and it’ll be interesting to see how those change over time. It would appear lenders are beginning to get more aggressive in starting foreclosures so I wouldn’t be surprised to see those percentages begin to increase a bit over the next several months.

A new feature of trendlines has been added recently to the three 12 month graphs to give a quick visualization of the numbers sold and the sold prices in Ventura, Oxnard and Camarillo.

Also featured is the percentage of single family homes that were distressed sales in the month of  September are:

Ventura – 37%      Oxnard – 68%      Camarillo – 47%

Sold prices – Single family homes in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q3
  

Sold prices – Condos in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q3
  

Numbers sold – Single family homes in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q3

Detailed data for single family homes sold in:

• Ventura
• Oxnard
• Camarillo

Detailed data for condos sold in:

• Ventura
• Oxnard
• Camarillo

Detailed monthly data for pendings (in escrow) – single family homes and condos:

• Ventura
• Oxnard
• Camarillo

All data is taken from the Ventura, Oxnard and Camarillo MLS.

A new feature of trendlines has been added this month to the three 12 month graphs to give a quick visualization of the numbers sold and the sold prices in Ventura, Oxnard and Camarillo.

Also featured is the percentage of single family homes that were distressed sales in the month of August are:

Ventura – 51%      Oxnard – 57%      Camarillo – 22%

Sold prices – Single family homes in Ventura, Oxnard, Camarillo:

• 12 month graph – The trendline for Ventura is just above $400k, Oxnard is steady at $300k but bumped up to $315k in August, and Camarillo has been slowly trending downward toward $450k but bumped up to $515k in August.

• Quarterly graph ending 2nd quarter – Ventura is on the increase, Oxnard remains unchanged and Camarillo shows a slight decrease in sold prices.

Sold prices – Condos in Ventura, Oxnard, Camarillo:

• 12 month graph – The trendlines for both Ventura and Camarillo are slowly trending  downward, with Oxnard relatively unchanged.

• Quarterly graph ending 2nd quarter – Ventura shows a slight decrease, Oxnard a modest decrease and Camarillo a slight increase in sold prices.

Numbers sold – Single family homes in Ventura, Oxnard, Camarillo:

• 12 month graph – The trendlines for both Ventura and Camarillo are slightly increasing, with Oxnard staying fairly steady.

• Quarterly graph ending 2nd quarter – All are trending upward for number of homes sold.

Read more….

Detailed data for single family homes sold in:

• Ventura
• Oxnard
• Camarillo

Detailed data for condos sold in:

• Ventura
• Oxnard
• Camarillo

Detailed monthly data for pendings (in escrow) – single family homes and condos:

• Ventura – strong (81) but slightly down from 2010 (95).
• Oxnard – very strong and increasing.
• Camarillo – maintaining.

All data is taken from the Ventura, Oxnard and Camarillo MLS.

More homes in foreclosure have been progressing to a sale date and not being cured in the initial Notice of Default phase. Usually, about 40 – 50% end up going to sale, but July REOs were at a yearly low of 28%. This decrease might be contributed by home owners getting loan mods or successful short sales.

NODs have been steady since April at about 400; NTSs match June at 519; and REOs rolled over from 233 to 145.  See the 12 month chart.

All data used with permission by Foreclosure List Service.