BobbyD, you seem up to the task. Could you check with Dataquick or Ben Jones (housingbubbleblog and foreclosure blog)? You could also ask foreclosure.com. This would be an interesting figure. Just as we were awaiting the magical 22,000 inventory figure, the foreclosure number would give us a relative yardstick as well. I remember reading that a certain level of foreclosures is normal for any economy, and we are actually below that level due to the quickly rising home prices. Normal rates of foreclosures occur due to divorce, drug use, job loss, mental problems.
