Distressed Inventory Report 9-26-09
The same trend continues with a gradual reduction in overall inventory both but the amount of foreclosed homes are increasing and those with Notices of Trustee Sale are decreasing. The number of foreclosed homes was one of the highest ever with 27 total foreclosed. The number of homes with the Notice of Trustee Sale was the lowest ever at 46. This number peaked in 8-08-09 at 74. So in addition to absorbing inventory through short sales; that may actually be happening; it also appears some of those homes are proceeding to foreclosure but the good news is that in East Bellevue anyway there does not appear to be more homes coming in and taking their place. Click on the link for the spreadsheet. I have had computer problems so the Weekly Scorecard did not make it last Monday but it will be up and running this coming Monday. East Bellevue Foreclosure Report 9-26-09