Distressed Inventory Report 8-29-09

By George Thurtle

The overall distressed inventory just keeps getting chipped away at. Overall the number of homes is down fron 65 to 64. However the number of new foreclosed homes and notice of Trustee Sales were up with 5 new foreclosed homes and 6 new notices of Trustee Sale. This was a big jump from the weeks before but the homes this week sold quicker overall than they came back on the market. If this economy would have even a mild uptick at the consumer level then I think most of this inventory would be gone. Click on the link for the spreadsheet. East Bellevue Foreclosure Report 8-29-09

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