Notice of Default and Notice of Sale recordings are way down for Ada County! See the trends here. September 16, 2009

The filings from Ada County are out for the week, and the Notice of defaults are down to the 2nd lowest amount in the last 3 months.  The Notice of Sales are also down too.  From what I can tell in the short run, we are trending downward, but it doesn't take much to make it go back up.  Now that I have over three months data collected from the NOD's and NOS's I think we can conclude that the filings are pretty sporatic, but the data is talking.  We just need to dive further into it.  I think it goes in phases, we have a real high week and then it goes down down down, then we have another high week, and then it goes down down down.. then it happens again.  The problem that I see is the high weeks keep getting higher.  I can't really put a lot into this theory yet until have a couple of months more data. My prediction is that in the next week or two the NOD's will be ski high again, and then we will start over again.    So stay tuned, and tell me what you think, please leave your comments below.

Jeremy Erickson
AdaCountyMarketReport.com

See and download the full gallery on posterous

Posted via email from Jeremy R Erickson

Distressed property percentages are slowly dropping in Ada County, See the resale report here! September 13, 2009

Over the past couple of years that I have sent out market reports, I have never been serious about resale data.  I have looked at it and studied it, but I was so focused in New Construction over the past 6 years that I didn't give it much thought.  I have had a paradigm shift, like many others have had in this challenging market.  I want to see the big picture on this Real Estate market, and the only way that I felt I could do that is really dive into all the sales and listing data on both sides of the spectrum for residential real estate.  I have been collecting and sorting (resale) data over the past couple of months to see what would be useful to share with others that are trying to understand the market.  I have created a new Resale Market Report for Ada County.  I think it has opened my eyes to what is really happening out there in the market place.  Enough talk, here is the link to the video that I created.  And I am going to give you a link to download the report in pdf format.  Just click here, and you will be directed to a page so you can download it.  Make sure you look a the bottom of page to see the attachment to click on.     Have a great Week!

Jeremy E

AdaCountyMarketReport.com

Posted via email from Jeremy R Erickson

Ada County Monthly Sales in New Construction on Flickr – Photo Sharing! July 13, 2009

Ada County Monthly Sales in New Construction on Flickr – Photo Sharing!.