[palmer]

As an FYI I do FP&A and economic forecasting for my company and we participate in the housing sector.

Do you track bank-owned housing?

[Wyatt's Torch]

I don't but we utilize Ivy Zelman's research and she tracks REO. In the same report she said:

"Year over year, REO filings were down 12% in key default states and 14% in auction states. For reference, REO filings were down approximately 20-25% from December 2010 and approximately 40% from December 2009."

Ivy is the absolute best in the business.