You would think that after the month NAMA has had, with criticism over its sales processes and transparency, that NAMA would at least let us know what new properties have been added to its list of foreclosed property but no, you will need trawl through each of the 1,328 properties now on its website to identify the new ones. The total of 1,328 properties which represents the foreclosure position at the end of August 2012 is up from the 1,281 at the end of July but you can’t deduce from this that 47 new properties have been added.
You can’t even sort NAMA’s foreclosure list by “date added”
So yet again, despite being NAMA’s most sought-after piece of public information – the first list in July 2011 attracted over 100,000 hits on the NAMA.ie website – we must go through the 1,328 properties line-by-line to identify the changes. NAMA doesn’t even issue a press release any more to indicate when its website has been updated. And NAMA wonders why it is the butt of so much public and professional criticism.
Update here soon….
Hi, if you have both lists in soft copy, I have the software that can easily identify the new additions. BR, Peppe
It’s not just the new additions. They don’t tell the full story. Even more important are the number of properties that were removed from the list because they were sold. That is the telling statistic. It is the statistic that indicates the health of the market and the economy. At present the list seems to be a black hole.
Some of the Nordie additions are Barnish Homes/ Barnish Developments. The site on West Circular Road in west Belfast, pubs in Crumlin and Downpatrick and probably the site at Glenbryn in north Belfast. More here:
http://www.bbc.co.uk/news/uk-northern-ireland-19626048
The Glenbryn site is one of the Barnish firms
http://www.belfasttelegraph.co.uk/news/local-national/the-rebirth-of-glenbryn-13463681.html