From sddt:  “Even with NOD numbers virtually flat with 2,880 in October and 2,875 in September, 2009 is on pace to break 2008’s record-breaking 34,069 NODs filed in a single year.  With two more months to go, 2009 has racked up 33,904 NODs and has averaged 3,390 per month.”

According to foreclosureradar.com, about 25% of the trustee sales in October were purchased by third parties on the courthouse steps.

There were 877 REO listings inputted onto the MLS last month.

Oct 09 chart

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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