Have things finally peaked?

I figured I'd present the foreclosure notice data a little differently, to make it easier visually to compare it with Maricopa County's median price and sales data. If you're interested in seeing the numbers prior to 2001, check out last month's post. And, by the way, if you somehow found your way to this page via a Google search for "Phoenix foreclosures" or something similar and it's not currently December of 2007, you'd do well to click here so you can see the latest information.

November was yet another record month for notices of trustee's sales in the Phoenix area, with 3543 filed.

Meanwhile, home sales are the lowest they've been since January of 2001. Note that the graph's latest data point is from October, since ARMLS is not quick to update its stats, but I can't imagine that November's numbers are going to be any better, since traditionally it's a slow month, regardless.