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Distressed Inventory Report 3-12-11
Another downturn this week in the overall amount of distressed inventory. Generally it should be going up but it looks like a lot of things have worked through the system. Overall the amount of distressed inventory (Bank Owned Homes and Notice of Trustee Sales) is at 307. Down from its near term peak of 317 two weeks ago and down... »
Distressed Inventory Report 9-25-10
I keep getting behind on my dates but hopefully will be able to catch up next week. Definetly the two trends that developed in September of peaking inventory and a lot of churning regarding the NTS is continuing. The 98008 saw five new NTS but an overall drop in the NTS from 52 to 39. This antidotally corresponds to what... »
Distressed Inventory Report July 3, 2010
The numbers keep rising. Not as dramatic as last week but definetly the trend continues to see the amount of distressed inventory increasing especially the Notice of Trustee sales. It looks like the lenders have geared up and made the decision to start foreclosing. The most notable trend not showing in the numbers is the average price of the homes... »
Distressed Inventory Report 6-26-10
The Notice of Trustee Sales (NTS) keep climbing. This week saw the largest increase in distressed inventory so far. It looks like the lenders are moving more aggresively to foreclose. The main charaterstic of the increases this week is that they occured on individual single family homes not on builder projects as occured on the big increase in inventory previously.... »
Distressed Inventory Report May 15, 2010
Not much change but a slight drop from the big spike up last week. Still looks like the trend is to creep higher. Also the April numbers are in and you should check those out. The spreadsheet is here: Bellevue Foreclosure Report... »
Distressed Inventory Report May 8, 2010
Well I have been gone for the week and just got back but a lot has happened. The numbers have taken a big jump up but that is mainly due to a couple of condo projects brining units to the market but even without those units coming to the market there was an overall increase. In East Bellevue Homestreet Bank... »