Continuing with looking at recent past years activity, I have added a view of 2006. These statistics are based on the same criteria as the previous post.
You can still see the slight upward tilt of the (lumpy) curve over the year. The average number of sales was 643 and the average number of foreclosures was 71. That is an 11% foreclosure rate.
What will 2007 look like?
Ralph K. Olsen, MAI, SRA, IFA
Pacific West Appraisal Services, Inc.
pwas.net
