Distressed Inventory Report 2-5-11
The numbers are finally climbing like they usually do this time of year. The Notice of Trustee (NTS) sales are up this week and appear not to be dropping or moving around like they have in the last few weeks. Compared to last year there were 244 distressed homes at this time of year but this year there are 290 homes. We are down from the peak of last year of 422 homes but startying from the higher base but the rate of increase is somewhat slower. The next four to six weeks I think will give some indications.
The spreadsheet is here: Bellevue Foreclosure Report 2-5-11