Foreclosure Update – March 9-15 2021

Your Weekly North County Foreclosure Update
March 9, 2021
By Miguel Manzanares
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Video Transcript


Good morning, and welcome to flagship Real Estate Group. Again, Today is March 9 2021. And first off, I want to say thank you to everybody for all your awesome and wonderful outreach in response to the last video, we really appreciate that we really didn't expect that. So that was really kind of awesome.


So we made this second video to kind of respond to the first video. We had a ton of responses and there was a lot of people asking how many foreclosures are there in Carlsbad? Encinitas and Cardiff right now? And I got those numbers for you. And I put all that stuff together for you guys. So the answer is, there's about 20 of them in Carlsbad right now, that's a small uptake from the beginning of the year. The last one was filed in February, early February. And so that's what's going on in Carlsbad right now. There's about 10 of them in Encinitas right now, the last one was filed in early February. But that's not really too surprising.


There's been a lot of government assistance and a lot of aid out there for homeowners who are in foreclosure. So especially with the COVID, and everything like that right now. So all they really have to do is kind of fill out some applications and some paperwork, and that'll kind of defer their foreclosure, which does tell me that there is going to be some piling up in the next couple of months.


But the current data is, is there's about 20 of them in Carlsbad. 10 of them in Encinitas and only a handful and a couple of them in Cardiff right now. The price ranges are kind of all over the place like in Carlsbad, were anywhere from about $620,000 all the way up to about $3.5 million, you know, all different styles, duplexes, condos, things like that.


Encinitas is kind of the same deal. cardif, just a couple of high end ones, one for about 1.81 for about 3.8 million. So So that's kind of what's going on in those particular areas.


If you guys want any more information, feel free to fill out the form, give us an inquiry, and then we'll set up a time to either come into the office. We're right here, in Encinitas, on the corner of Encinitas Boulevard and quill gardens. If you guys know where that's at, feel free to kind of come into the office, we can sit down and go over the inventory on the big screen. Or we can set a time to do like a zoom meetings or Microsoft Teams meeting. And we can share a screen and we can kind of go over go over everything. Most importantly, go over your particular wants needs and goals and see how those foreclosures and see how the inventory might match up to your particular situation. And then we'll see if there's some deals to be made.


So again, thank you so much, everybody. We really appreciate all the support and help and thanks for watching, and I look forward to talking with you soon.
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