Real Estate Insight » orange county real estate

California Foreclosure Market Statistics – By County

Elliot Lau — Fri, 25 Apr 2008 10:37:32 +0000

California Foreclosure Market Statistics

COUNTY: ALAMEDA
HOUSEHOLDS: 556,474
2006 TOTAL: 3,565

Jan-07	Feb-07	Mar-07	Apr-07
436	367	617	418
May-07	Jun-07	Jul-07	Aug-07
627	433	750	832
Sep-07	Oct-07	Nov-07	Dec-07
726	1,313	1,084	1274
Jan-08	Feb-08	March-08
1,469	1,320	1,635

12 MONTH TOTAL: 12,498
PER HOUSEHOLD: 2.25%
MONTHLY CHANGE: 23.86%
YEARLY CHANGE: 164.99%

COUNTY: CONTRA COSTA
HOUSEHOLDS: 383,328
2006 TOTAL: 3,738

Jan-07	Feb-07	Mar-07	Apr-07
540	537	677	573
Apr-07	May-07	Jun-07	Jul-07
730	730	909	1,154
Aug-07	Sep-07	Oct-07	Nov-07
1,128	1,994	1,861	1,1632
Jan-08	Feb-08	March-08
2,229	2,282	2,566

12 MONTH TOTAL: 18,465
PER HOUSEHOLD: 4.82%
MONTHLY CHANGE: 12.45%
YEARLY CHANGE: 279.03%

COUNTY: FRESNO
HOUSEHOLDS: 292,733
2006 TOTAL: 2,712

Jan-07	Feb-07	Mar-07	Apr-07
302	342	377	362
May-07	Jun-07	Jul-07	Aug-07
433	780	704	744
Sep-07	Oct-07	Nov-07	Dec-07
731	771	819	795
Jan-08	Feb-08	March-08
1,297	1,169	1,136

12 MONTH TOTAL: 10,118
PER HOUSEHOLD: 3.46%
MONTHLY CHANGE: -2.82%
YEARLY CHANGE: 201.33%

COUNTY: IMPERIAL
HOUSEHOLDS: 49,491
2006 TOTAL: na

Jan-07	Feb-07	Mar-07	Apr-07
na	na	na	na
May-07	Jun-07	Jul-07	Aug-07
na	na	na	na
Sep-07	Oct-07	Nov-07	Dec-07
102	128	na	119
Jan-08	Feb-08	March-08
na	312	223

12 MONTH TOTAL: 884
PER HOUSEHOLD: 1.79%
MONTHLY CHANGE: -28.53
YEARLY CHANGE: na

COUNTY: KERN
HOUSEHOLDS: 254,226
2006 TOTAL: 2,900

Jan-07	Feb-07	Mar-07	Apr-07
411	424	479	421
May-07	Jun-07	Jul-07	Aug-07
507	784	909	1,009
Sep-07	Oct-07	Nov-07	Dec-07
852	924	1,219	629
Jan-08	Feb-08	March-08
1,834	1,598	1,610

12 MONTH TOTAL: 12,775
PER HOUSEHOLD: 5.03%
MONTHLY CHANGE: .75%
YEARLY CHANGE: 236.12%

COUNTY: LOS ANGELES
HOUSEHOLDS: 3,339,763
2006 TOTAL: 23,781

Jan-07	Feb-07	Mar-07	Apr-07
2,853	3,532	3,893	3,514
May-07	Jun-07	Jul-07	Aug-07
4,264	4,243	5,318	6,040
Sep-07	Oct-07	Nov-07	Dec-07
5,940	6,832	5,261	6,979
Jan-08	Feb-08	March-08
9,885	7,695	10,846

12 MONTH TOTAL: 80,710
PER HOUSEHOLD: 2.42%
MONTHLY CHANGE: 40.95%
YEARLY CHANGE: 178.60%

COUNTY: ORANGE
HOUSEHOLDS: 1,017,219
2006 TOTAL: 5,674

Jan-07	Feb-07	Mar-07	Apr-07
913	948	1,160	1,057
May-07	Jun-07	Jul-07	Aug-07
1,169	1,324	1,295	1,662
Sep-07	Oct-07	Nov-07	Dec-07
1,612	1,633	1,311	1,874
Jan-08	Feb-08	March-08
3,923	2,952	3,341

12 MONTH TOTAL: 24,313
PER HOUSEHOLD: 2.39%
MONTHLY CHANGE: 13.18%
YEARLY CHANGE: 188.02%

COUNTY: RIVERSIDE
HOUSEHOLDS: 699,474
2006 TOTAL: 11,885

Jan-07	Feb-07	Mar-07	Apr-07
1,131	1,008	1,277	1,293
May-07	Jun-07	Jul-07	Aug-07
2,714	3,021	3,926	4,036
Sep-07	Oct-07	Nov-07	Dec-07
4,605	4,525	3,801	4,488
Jan-08	Feb-08	March-08
8,554	6,192	7,081

12 MONTH TOTAL: 55,513
PER HOUSEHOLD: 7.94%
MONTHLY CHANGE: 14.36%
YEARLY CHANGE: 454.50%

COUNTY: SACRAMENTO
HOUSEHOLDS: 528,035
2006 TOTAL: na

Jan-07	Feb-07	Mar-07	Apr-07
905	911	1,145	1,052
May-07	Jun-07	Jul-07	Aug-07
1,401	2,008	2,462	2,248
Sep-07	Oct-07	Nov-07	Dec-07
1,626	3,492	2,389	2,613
Jan-08	Feb-08	March-08
3,776	3,311	3,495

12 MONTH TOTAL: 31,018
PER HOUSEHOLD: 5.87%
MONTHLY CHANGE: 5.56%
YEARLY CHANGE: 205.24%

COUNTY: SAN BERNADINO
HOUSEHOLDS: 652,802
2006 TOTAL: 9,491

Jan-07	Feb-07	Mar-07	Apr-07
1,141	1,208	1,278	1,059
May-07	Jun-07	Jul-07	Aug-07
1,869	2,167	2,738	2,435
Sep-07	Oct-07	Nov-07	Dec-07
3,184	2,989	2,666	3,394
Jan-08	Feb-08	March-08
5,862	4,641	5,552

12 MONTH TOTAL: 39,740
PER HOUSEHOLD: 6.09%
MONTHLY CHANGE: 16.30%
YEARLY CHANGE: 324.88%

COUNTY: SAN DIEGO
HOUSEHOLDS: 1,113,207
2006 TOTAL: 8,843

Jan-07	Feb-07	Mar-07	Apr-07
1,723	1,604	2,103	1,863
May-07	Jun-07	Jul-07	Aug-07
2,150	2,152	2,187	2,221
Sep-07	Oct-07	Nov-07	Dec-07
2,734	3,631	2,618	2,997
Jan-08	Feb-08	March-08
6,003	4,641	4,552

12 MONTH TOTAL: 39,740
PER HOUSEHOLD: 3.58%
MONTHLY CHANGE: -1.92%
YEARLY CHANGE: 116.45%

COUNTY: SAN FRANCISCO
HOUSEHOLDS: 354,963
2006 TOTAL: 720

Jan-07	Feb-07	Mar-07	Apr-07
90	68	99	73
May-07	Jun-07	Jul-07	Aug-07
108	143	136	122
Sep-07	Oct-07	Nov-07	Dec-07
76	178	124	126
Jan-08	Feb-08	March-08
188	147	152

12 MONTH TOTAL: 1,672
PER HOUSEHOLD: 0.47%
MONTHLY CHANGE: 3.4%
YEARLY CHANGE: 53.54%

COUNTY: SAN JOAQUIN
HOUSEHOLDS: 217,991
2006 TOTAL: 3,188

Jan-07	Feb-07	Mar-07	Apr-07
423	429	694	507
May-07	Jun-07	Jul-07	Aug-07
643	1,066	976	1,194
Sep-07	Oct-07	Nov-07	Dec-07
578	650	750	1,131
Jan-08	Feb-08	March-08
2,420	1,900	1,552

12 MONTH TOTAL: 13,331
PER HOUSEHOLD: 6.12%
MONTHLY CHANGE: -19.89%
YEARLY CHANGE: 119.31%

COUNTY: SAN MATEO
HOUSEHOLDS: 266,154
2006 TOTAL: 1,052

Jan-07	Feb-07	Mar-07	Apr-07
105	122	106	118
May-07	Jun-07	Jul-07	Aug-07
111	128	156	182
Sep-07	Oct-07	Nov-07	Dec-07
217	301	273	219
Jan-08	Feb-08	March-08
327	291	319

12 MONTH TOTAL: 2,748
PER HOUSEHOLD: 1.03%
MONTHLY CHANGE: 9.62%
YEARLY CHANGE: 200.94%

COUNTY: SANTA BARBARA
HOUSEHOLDS: 150,053
2006 TOTAL: 735

Jan-07	Feb-07	Mar-07	Apr-07
105	111	140	103
May-07	Jun-07	Jul-07	Aug-07
150	219	212	263
Sep-07	Oct-07	Nov-07	Dec-07
284	318	243	306
Jan-08	Feb-08	March-08
536	374	418

12 MONTH TOTAL: 3,566
PER HOUSEHOLD: 2.38%
MONTHLY CHANGE: 11.76%
YEARLY CHANGE: 198.57%

COUNTY: SANTA CLARA
HOUSEHOLDS: 605,121
2006 TOTAL: 2,568

Jan-07	Feb-07	Mar-07	Apr-07
277	261	370	322
May-07	Jun-07	Jul-07	Aug-07
369	472	465	524
Sep-07	Oct-07	Nov-07	Dec-07
514	996	877	702
Jan-08	Feb-08	March-08
1,155	1,140	1,389

12 MONTH TOTAL: 9,295
PER HOUSEHOLD: 1.54%
MONTHLY CHANGE: 21.84%
YEARLY CHANGE: 275.41%

COUNTY: SOLANO
HOUSEHOLDS: 146,724
2006 TOTAL: 1,779

Jan-07	Feb-07	Mar-07	Apr-07
224	257	332	302
May-07	Jun-07	Jul-07	Aug-07
322	480	587	677
Sep-07	Oct-07	Nov-07	Dec-07
505	994	550	703
Jan-08	Feb-08	March-08
850	914	1,033

12 MONTH TOTAL: 8,249
PER HOUSEHOLD: 5.62%
MONTHLY CHANGE: 13.02%
YEARLY CHANGE: 211.14%

COUNTY: SONOMA
HOUSEHOLDS: 193,353
2006 TOTAL: 988

Jan-07	Feb-07	Mar-07	Apr-07
117	129	155	138
May-07	Jun-07	Jul-07	Aug-07
138	263	71	132
Sep-07	Oct-07	Nov-07	Dec-07
77	230	264	227
Jan-08	Feb-08	March-08
703	272	190

12 MONTH TOTAL: 2,860
PER HOUSEHOLD: 1.48%
MONTHLY CHANGE: -30.15%
YEARLY CHANGE: 22.58%

COUNTY: STANISLAUS
HOUSEHOLDS: 167,079
2006 TOTAL: 2,203

Jan-07	Feb-07	Mar-07	Apr-07
338	361	448	382
May-07	Jun-07	Jul-07	Aug-07
462	440	458	607
Sep-07	Oct-07	Nov-07	Dec-07
644	1,330	964	477
Jan-08	Feb-08	March-08
891	1,137	1,146

12 MONTH TOTAL: 9,386
PER HOUSEHOLD: 5.62%
MONTHLY CHANGE: .79%
YEARLY CHANGE: 155.80%

COUNTY: TULARE
HOUSEHOLDS: 129,128
2006 TOTAL: 1,169

Jan-07	Feb-07	Mar-07	Apr-07
173	143	141	122
May-07	Jun-07	Jul-07	Aug-07
151	257	252	249
Sep-07	Oct-07	Nov-07	Dec-07
226	319	321	300
Jan-08	Feb-08	March-08
570	450	416

12 MONTH TOTAL: 3,774
PER HOUSEHOLD: 2.92%
MONTHLY CHANGE: -7.56%
YEARLY CHANGE: 195.04%

COUNTY: VENTURA
HOUSEHOLDS: 266,554
2006 TOTAL: 2,094

Jan-07	Feb-07	Mar-07	Apr-07
390	418	485	384
May-07	Jun-07	Jul-07	Aug-07
417	484	430	406
Sep-07	Oct-07	Nov-07	Dec-07
673	729	489	543
Jan-08	Feb-08	March-08
999	880	973

12 MONTH TOTAL: 7,892
PER HOUSEHOLD: 2.96%
MONTHLY CHANGE: 10.57%
YEARLY CHANGE: 100.62%

_____________________________________________________________________________________________________________

Los Angeles County

Top Ten Zip Codes		Top Ten Cities
Los Angeles County		Los Angeles County
Zip	Notices filed	City	Notices filed
93550	202	Los Angeles	1175
93535	193	Palmdale	464
93536	136	Lancaster	426
93551	130	Long Beach	269
91342	125	Santa Clarita	149
93552	109	Pomona	142
93534	97	Compton	128
90044	96	Sylmar	115
91331	94	Whittier	106
91335	75	Downey	83

Orange County

Top Ten Zip Codes		Top Ten Cities
Orange County		Orange County
Zip	Notices filed	City	Notices filed
92704	77	Santa Ana	274
92804	69	Anaheim	229
92630	66	Orange	93
92707	59	Garden Grove	92
92703	57	Huntington Beach	80
90631	49	Fullerton	79
92656	49	Mission Viejo	79
92683	49	Lake Forest	63
92691	48	Irvine	61
92688	41	La Habra	50

San Diego County

Top Ten Zip Codes		Top Ten Cities
San Diego County		San Diego County
Zip	Notices filed	City	Notices filed
92057	96	San Diego	740
92154	87	Chula Vista	306
91913	81	Oceanside	175
91910	80	Escondido	139
91977	74	El Cajon	116
92114	71	Spring Valley	82
91911	68	San Marcos	78
92027	56	Vista	78
92126	51	Carlsbad	45
91915	49	Fallbrook	37

Riverside County

Top Ten Zip Codes		Top Ten Cities
Riverside County		Riverside County
Zip	Notices filed	City	Notices filed
92563	224	Riverside	649
92592	176	Moreno Valley	560
92562	175	Corona	493
92571	174	Murrieta	399
92553	161	Temecula	257
92503	153	Hemet	250
92530	151	Perris	241
92557	141	Lake Elsinore	215
92882	138	Indio	168
92555	137	San Jacinto	14

San Bernardino County

Top Ten Zip Codes		Top Ten Cities
San Bernardino County		San Bernardino County
Zip	Notices filed	City	Notices filed
92336	198	Fontana	427
92392	162	San Bernardino	388
92345	140	Victorville	307
92376	126	Rialto	176
92335	123	Ontario	174
92337	106	Hesperia	171
92404	105	Apple Valley	157
92407	94	Rancho Cucamonga	155
92308	87	Adelanto	86
92301	86	Colton	70

Income Producing Properties

pattyprocessor — Tue, 15 Apr 2008 17:34:24 +0000

Address	City	Price	HOA	Est Cash Flow
23436 VIA JACINTO	Aliso Viejo	$359,000.00	($230.00)	$304.70
Rental Comps

Address	City	Price	HOA	Est Cash Flow
27906 Amber 231	Mission Viejo	$359,999.00	($230.00)	$239.65
Rental Comps

Address	City	Price	HOA	Est Cash Flow
26847 Poveda 22	Mission Viejo	$325,000.00	($342.00)	$384.66
Rental Comps

Address	City	Price	HOA	Est Cash Flow
26858 Jadestone 199	Mission Viejo	$350,000.00	($245.00)	$383.21

Rental Comps
Address	City	Price	HOA	Est Cash Flow
26611 Guadiana	Mission Viejo	$354,759.00	($328.00)	$253.15
Rental Comps

How do I know if we’re in a buyer’s market?

brian — Sun, 16 Mar 2008 04:43:22 +0000

A good rule of thumb is to use an indicator called the months of remaining inventory. It’s a ratio of homes for sale divided by the number of homes sold. This number gives you an idea of what the current market conditions are like.

So stated in another way, if no new homes came on the market how long would it take to sell all homes?

Let’s look at real data. The graph below shows single family homes in Orange County California. Last month in February we had 15.6 months of remain inventory. Essentially, stating that it would take over 1 year to sell every single family home on the market.

You can use the following as a guideline to determine market conditions:

0 to 3 months of remaining inventory Seller’s Market

4 to 6 months of remaining inventory Neutral Market

7 or more months of remaining inventory Buyer’s Market

Let’s look at more data that goes further back:

This graph shows 5 years of Orange County single home data. You can click on the picture to zoom in for more details. For the most part you can almost predict what is happening to the market place.

Also if we went back and looked up major events that had impact on the market you will find that it directly effects this ratio. We find that in San Bernardino and Riverside we’re seeing months of remaining inventory in excess of 2 years and in some places 3!

What does this mean for real estate prices? Well, you can be the judge and decide. If there is a lot of inventory and it remains high (that would indicate that Seller would need to sell, otherwise they would take their home off the market and wait) and the rate of home purchases place a months of remaining inventory past 1 year, how would motivated sellers usually compete? Price.

Hope this helps, would love to see your comments.

Brian Laughlin