Crystal Ball Conference Presented by: Steve de Laveaga Information prepared by Michael Orr, f ounder of the “Cromford Report” © 2011 www.cromfordreport.com November 3, 2011
2012 Crystal Ball Conference Power Point
Jul 07, 2015
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Crystal Ball Conference
Presented by: Steve de Laveaga
Information prepared by Michael Orr,founder of the “Cromford Report”
© 2011 www.cromfordreport.com
November 3, 2011
© 2011 www.cromfordreport.com
HUD Listings - down 83%REOs - down 68%Short Sales - down 72%Normal Listings - down 33%
© 2011 www.cromfordreport.com
© 2011 www.cromfordreport.com
Greater Phoenix
© 2011 www.cromfordreport.com
Greater Phoenix
© 2011 www.cromfordreport.com
“Shadow Inventory”
© 2011 www.cromfordreport.com
1,280
Purchased by Third Party
Reverted to BeneficiaryNew REOs
© 2011 www.cromfordreport.com
© 2011 www.cromfordreport.com
Arizona home loan delinquency is down 32.1%This is more than any other state!
Source: Lender Processing Services Mortgage Monitor
© 2011 www.cromfordreport.com
Arizona Ranking
February 2010 August 2011
• Non-current home loans – # 24
• Late but not in foreclosure – # 27
• In foreclosure– # 18
• Non-current home loans – # 3 (after FL, NV)
• Late but not in foreclosure – # 6 (FL, NV, GA, MS, MI)
• In foreclosure – # 4 (FL, NV, NJ)
© 2011 www.cromfordreport.com
Plans to increase their short sales next year by 60 - 70%.
They now have over 3,000 people in their short sale division to help handle the increase in short sale volume.
© 2011 www.cromfordreport.com
Bank of America Gears up for 2012 Short Sales
Royal Treatment Hair Salon
Specializing in the experience
$60 haircuts (Nails, Starbucks, etc)
Discount Pam’s
Specializing in fast / low cost
$8 haircuts
$8 HaircutsWe fix $8 Haircuts
The Royal Treatment Hair Salon
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