Phoenix foreclosures - The Latest Stats

New notices were down 4% to 4,354 in October. Trustee sales were down 17% to 2,364 the lowest number since March 2008. Sales to third parties were 1,125 leaving only 1,239 going back to the lenders - the lowest total since October 2007.

REO inventory is down to 10,451 almost exactly half of what it was 12 months ago.