Wednesday, March 05, 2008

February Maricopa County Notices Update

It looks like I picked the wrong month to slack on an update to my graph of Phoenix area pre-foreclosures, as January's notices of trustee's sales climbed to an amazing 5336!

That's 1461 higher than December's number, and when you consider that last January's number was 1623, and that the peak seen by the bursting of the Tech bubble (which, by the way, is hardly noticeable in this graph), in January, 2003, was 1738 I think it becomes clear that we are witness to something rather scary.

February's number dropped to a measly 5048.

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1 comment:

Jim Lippard said...

And there are still a couple of months before subprime ARM resets peak!