HousingTracker.net

Collecting, Interpreting and Disseminating Real Estate Data

Portland, Oregon REO

REO (Real Estate Owned) inventory for the Portland-Vancouver-Beaverton, OR-WA MSA. The numbers presented here measure the REO property available only from the institutions listed below and do not represent the total REO inventory for Portland, Oregon. REO inventories are further broken out into government, bank, and broker/originator components below. This REO index was set to 100 on 4/6/2007.

Monthly Averages (Inventory index shown in plot above)

DateAdditions
Deletions
Total
Inventory
Inventory
Index
08/2008125993.2
07/2008101807.7
06/200883662.1
05/200870556.8
04/200866528.5
03/200854430.8
02/200848381.3
01/200853420.8
12/200754428.8
11/200746365.4
10/2007Chase33259.3
09/200729219.2
08/200723176.9
07/200720150.0
06/200720155.4
05/200717130.8
04/200714105.8

Last 10 Weeks

DateTotal
Inventory
Inventory
Index
08/08/20081351076.9
08/01/2008114909.4
07/25/2008103821.7
07/18/200896765.8
07/11/2008103821.7
07/04/2008103821.7
06/27/2008100797.7
06/20/200888702.0
06/13/200869550.4
06/06/200875598.3

Government Owned/Sponsored

The organizations below are either government agencies or institutions sponsored by the government. HUD and VA are government agencies that promote home ownership and fair housing and back loans issued under their respective charters. Freddie Mac and Fannie Mae are GSEs that were created by the government to increase home ownership through the purchase of loans meeting their standards.

Last 10 Weeks

DateGovernment
(HUD/VA)
Freddie
Mac
Fannie
Mae
08/08/200844235
08/01/200843832
07/25/200863128
07/18/200862925
07/11/200862824
07/04/200852725
06/27/200852026
06/20/200831621
06/13/20083170
06/06/200831413

Bank Owned

The REO listed below are owned by banks. I loosely define banks here to be places that provide a wider range of financial services than mortgage lending/origination. Bank REO is currently being tracked for Bank of America, Chase, Citi, HBSC, and IndyMac.

Last 10 Weeks

DateBoAChaseCitiHBSCIndyMac
08/08/200841007
08/01/20083607
07/25/20083704
07/18/20083702
07/11/20082704
07/04/20082703
06/27/20082803
06/20/20082803
06/13/20082803
06/06/20082803

Mortgage Broker/Originator Owned

Mortgage brokers/originators own the REO listed below. Brokers/Originators are loosely defined to be organizations that generally find purchasers for loans that they originate or issue. Through various legal arrangements with the institutions that finance them, brokers/originators can (sometimes) end up owning the property they originated a loan for if that loan goes bad. Broker/Originator REO is currently being tracked for Countrywide.

Last 10 Weeks

DateCountrywide
08/08/200833
08/01/200824
07/25/200824
07/18/200824
07/11/200832
07/04/200834
06/27/200836
06/20/200835
06/13/200836
06/06/200832

The numbers here are aggregate measures comprised of data from numerous institutions. While every attempt is made to deliver accurate data, the information on this website is provided as-is. No warranty or guarantee of accuracy is offered or implied. This work is licensed under a Creative Commons Attribution-Share Alike 2.5 License.