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Distressed Inventory Report 1-15-11
There was hardly any change from the numbers for the previous week. I suspect though that in the next couple of weeks you will see the numbers rise but the question is where they will peak. On the street level I am seeing less distressed sellers in the Bellevue area but antidotally talking to other agents in the more affordable... »
Distressed Inventory Report 10-2-10
The drop in distressed inventory is accelerating. We are seeing areas with very large week to week decreases in their NTS inventory (Notice of Trustee Sale). In the weeks prior when the inventory was peaking there was a trend in which there would be a large number of new NTS but the overall inventory of NTS would remain stable. It... »
Distressed Inventory Report 8-12-10
The news this week is that distressed inventory appears to be peaking or else the lenders are on vacation and not processing the new defaults. We will know more by the end of September when they return from vacation. This is not a joke as the case loads are so high that work cycles are as important as market cycles. ... »