Distressed Inventory Report 12-4-10
The numbers are starting to fluctuate again and this time a little uptick. The next few weeks you will not be able to tell much since most of the lenders do not process foreclosures during the holidays. They have enough to catch up on. a little more new foreclosed inventory is coming to the market and the inventory appears to be turning over quicker than it was, all accept for the low end condominiums. In terems of foreclosure trends it will be well over a month before we see what is really happening.
Here is the spreadsheet: Bellevue Foreclosure Report 12-4-10