5year – The MLS has a tax roll utility called Realist. It is not great but it is pretty good. They have a foreclosure activity search which looks for recorded NOD, NOT and trustee sales. Performing a blanket search on 92129 shows

49 bank owned properties
67 notice of notice of trustee sales
141 notices of default

Now this is just a snapshot so I cannot tell you if this submarket is in an accelerating or decelerating phase.

I am hesitant to say what I believe in anymore. I am more and more of a mindset akin to what Concho had posted in another thread. Our government and Wall St are becoming interchangeable and because of that the dynamics of a free market with regards to housing are becoming less true.

I “HOPE” that yes we will see a substantial increase in bank owned properties over the next year in 92129 with more inventory beginning to show itself in the middle of summer.