Stats of the Day

I paraphrased and stole the title from The Dan Patrick Show, but the following from Calculated Risk (via DataQuick) really are stats of the day, maybe of the week or month:

Last month foreclosure resales – homes foreclosed on in the prior 12 months – accounted for 12.4 percent of the Southland resale market. That was down from a revised 13.8 percent the month before and down from 28.8 percent a year earlier. Last month’s figure was the lowest since it was 10.0 percent in August 2007. In the current cycle, foreclosure resales hit a high of 56.7 percent in February 2009.

The data is for the month of April 2013 and includes market information for all of Southern California.  The entire article linked to above is fully of positive information on the housing market.