Our friends at Dr Housing Bubble Blog noted that foreclosure notices were rising last month – for those hoping for more inventory, it would be a welcome relief to see the banks on the move. If a surge of REO listings hit the market right after the Super Bowl, it could ignite more frenzy!
In September, the San Diego County notices of trustee sales did increase 23% month-over-month, and were higher Y-O-Y too, so who knows – maybe the lenders are gearing up?
