Here are the latest statistics from Clark County.  Following is a graph of foreclosure filings for the first nine months of 2008.  The trend line is pretty flat in the fist six months, then jumps, dives and returns to about the same level of approximately 250 filings per month.  Of course, if you have been following these reports for the last year of so, you realize that this rate is about four times what it was two to three years ago.

Perhaps the ups and downs of the summer were in anticipation of the current state of the market.  I will keep tracking this to see where it goes.

Ralph Olsen, IFA

Pacific West Appraisal Services, Inc.

pwas.net