September and October have seen a huge drop in foreclosure filings. The first step in the process is the filing of a Notice of Default (NOD) and these past 2 months have seen a 2/3 or more drop in filings. The first column is for the NOD, the second is for the Notice of Trustee Sale (when the auction is scheduled), and the last column is after it’s gone to sale (bank REO). There’s a huge political drive at the State and Federal level to stop foreclosures, and these numbers bear it out.

These numbers come from ForeclosureListService.com