San Mateo County’s REO Home Listings

Foreclosure Radar Reports on 2010

The San Jose Mercury called me yesterday while doing research for their article on San Mateo County’s foreclosure numbers. Foreclosure Radar was coming out with their 2010 report.  The number of foreclosures were expected to be down for the year and they wanted an agent’s perspective on the market.

I haven’t been tracking the foreclosure numbers but I have been watching San Mateo’s Real Estate Owned or Bank Owned inventory closely for quite a few months now.  They were interested in county-wide numbers so here they are for you too.

list month REO regular
2010
Jan 50 315
Feb 55 386
March 46 445
April 58 509
May 47 377
June 51 432
July 47 363
Aug 34 271
Sept 38 300
Oct 22 186
Nov 24 83
Dec 6 24
Total 478 4469
2009
Jan 86 327
Feb 55 307
March 68 390
April 71 410
May 57 367
June 65 370
July 51 405
Aug 57 376
Sept 44 401
Oct 60 346
Nov 42 257
Dec 48 189
Total 704 4145

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