CLARK COUNTY WASHINGTON FORECLOSURES

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The statistics for the Clark County filings of notices of trustee sales has leveled out.

We have seen these numbers peak, then fall in 2009.  Now, at the first of the year, they have stabilized at about 250 per month.  Last December was 236, January was 247 and February was 248.

This rate is still around four times higher than normal, but the stability seems reassuring at this time.  Especially after all the volatility in the recent past.

We will continue to keep an eye on it.

Ralph K. Olsen, MAI, SRA, IFA

Pacific West Appraisal Services, Inc.

pwas.net

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