![]() 10259 Sheldon Rd Elk Grove, CA 95624 |
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![]() 9821 Trailhead Ct Wilton, CA 95693 |
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![]() 6030 Eagles Nest Rd Sacramento, CA 95830 |
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![]() 6415 Valenda Ct Elk Grove, CA 95757 |
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![]() 10400 DANICHRIS WAY Elk Grove, CA 95757 |
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![]() 4461 Anatolia Dr Rancho Cordova, CA 95742 |
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![]() 4358 Malana Way Rancho Cordova, CA 95742 |
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![]() 10372 Via Cinta Ct Elk Grove, CA 95757 |
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![]() 5749 Pomegranate Ave Sacramento, CA 95823 |
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![]() 7717 Victory Ave Sacramento, CA 95828 |
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![]() 7453 Telegraph Ave Orangevale, CA 95662 |
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![]() 11999 Mandolin Way Rancho Cordova, CA 95742 |
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![]() 10370 Frank Greg Way Elk Grove, CA 95757 |
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![]() 2305 Expedition Way Sacramento, CA 95832 |
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![]() 8708 Elfin Ct Elk Grove, CA 95758 |
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![]() 5511 Borce Ct Elk Grove, CA 95757 |
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![]() 10203 Frank Greg Way Elk Grove, CA 95757 |
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![]() 6720 Arboga Way Sacramento, CA 95831 |
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![]() 50 Goldstone Cir Sacramento, CA 95834 |
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![]() 7775 19th St Sacramento, CA 95832 |
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![]() 10453 Hite Cir Elk Grove, CA 95757 |
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![]() 9587 Sea Cliff Way Elk Grove, CA 95758 |
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![]() 2350 Hurley Way Sacramento, CA 95825 |
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![]() 23 Windcatcher Ct Sacramento, CA 95834 |
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![]() 7669 Sunset Ave Fair Oaks, CA 95628 |
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![]() 4359 Maeve Ct Rancho Cordova, CA 95742 |
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![]() 4831 Broadwater Dr Sacramento, CA 95835 |
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![]() 4509 Winje Dr Antelope, CA 95843 |
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![]() 3044 Sparrow Dr Sacramento, CA 95834 |
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![]() 411 46th St Sacramento, CA 95819 |
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![]() 8901 Springhurst Dr Elk Grove, CA 95624 |
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![]() 10011 PIANELLA Way Elk Grove, CA 95757 |
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![]() 8018 Prairie Field Dr Sacramento, CA 95829 |
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![]() 5103 Dodson Ln Sacramento, CA 95835 |
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![]() 10125 Sorenstam Dr Sacramento, CA 95829 |
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![]() 7782 19th St Sacramento, CA 95832 |
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![]() 10082 Cristo Dr Sacramento, CA 95829 |
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![]() 280 Delta Leaf Way Sacramento, CA 95838 |
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![]() 4804 Yosemite Ave Sacramento, CA 95820 |
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![]() 6013 Corrin Way Elk Grove, CA 95757 |
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![]() 1952 Dawnelle Way Sacramento, CA 95835 |
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![]() 5528 Deepdale Way Elk Grove, CA 95758 |
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![]() 10069 Oglethorpe Way Elk Grove, CA 95624 |
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![]() 5596 Frogview Ct Elk Grove, CA 95757 |
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![]() 1776 Dawnelle Way Sacramento, CA 95835 |
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![]() 7148 Mariposa Ave Citrus Heights, CA 95610 |
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![]() 1025 Bay Shore Dr Galt, CA 95632 |
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![]() 8520 Giverny Cir Antelope, CA 95843 |
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![]() 8408 Thornbury Dr Antelope, CA 95843 |
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![]() 10116 Mosaic Way Elk Grove, CA 95757 |
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Sum of Losses: $81,636,857
5 comments :
Total FITs down 77 from last week. A 4.4% drop to 1730. FITs are dropping of the list as the 2-year window expires, which rolls them into SITs.
The total losses decreased 1.02% to $109 million.
The loss per FIT increased 3.4% last week to $63,179.
Ouch. If you bought a house in Sacramento within the last 24 months and are trying to sell it, you can expect a minimum loss exceeding $63,000.
Let's be a little more precise, please.
Total loss, $109 Million - ok.
The *AVERAGE* loss per FIT, $63K.
...you can expect an *AVERAGE* loss of $63K.
That's not a minimum loss. It is an average.
Anon 4:10
When you consider the FIT has carried the house for quite some time, will have selling costs of 6+%, and is very unlikely to get a full price offer, the average loss will be more like $100,000 to $150,000 per house.
So to be more precise, the FITs are way up the creek without a paddle. $63,000 is just a starting point for the raking they will take....
None of those houses seem to be selling. It is looking reeallly ugggly.
Hate to be a pain but can you have your programmer add Price per Square foot?
Then you will really know how bad things are getting.
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