Mary asked, “How many SD foreclosures have there been over the last three years?”

Trustee Sales 2007 2008 2009 2010
REO 7,859 (22/day) 17,894 (49/day) 11,760 (32/day) 2,097 (30/day)
3rd Party 399 (1/day) 593 (2/day) 2,749 (8/day) 865 (12/day)
Totals 8,258 (23/day) 18,487 (51/day) 14,509 (40/day) 2,962 (42/day)

A total of 44,216 trustee sales since January 1, 2007!

In the same time frame there have been 95,499 sales of detached and attached homes on the MLS.

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