Any idea how the sales correspond to REO/NODs in those cities? You gave us what percentage was “must sell” inventory. I’m curious how that 94 sales in Vista for April compares to foreclosures in April in Vista?
Maybe I should rephrase that. I understand you gave us the percent of sales that were must sell. I’m wondering if we know how many foreclosures are in Vista and how many next foreclosures in Vista occurred in April. To get a read on ‘months of must sell inventory’ so to speak and to verify if the REOs are still stacking up faster than they are being cleared out. Make sense?
