Real Estate Owned 
REO (Real Estate Owned) is property that institutions are forced to hold when a loan that they either issued, purchased, or became legally responsible for was foreclosed on. Generally speaking, an increasing REO inventory indicates increasing foreclosure activity. The list of institutions here is far from complete and is meant to represent only the REO and foreclosure inventory trend for a metropolitan area, not the absolute REO or foreclosure inventory in a market. To accomodate additions and deletions of institutions, an inventory index is computed (the index was set to 100 on 4/6/2007). This inventory index — not the total inventory — should be used when inferring trends. More detail can be found by clicking on a city below.
Metro Area REO Inventory — Last Update: 08/08/2008
| City, State | | | | Total Inventory | Inventory Index |
| Phoenix, Arizona | | | | 2335 | 1149.4 |
| Tucson, Arizona | | | | 176 | 589.5 |
| Orange County, California | | | | 259 | 539.0 |
| San Jose, California | | | | 194 | 1205.0 |
| San Diego, California | | | | 645 | 282.7 |
| Sacramento, California | | | | 781 | 311.0 |
| Stockton, California | | | | 454 | 737.2 |
| Santa Cruz, California | | | | 32 | 533.3 |
| Oakland, California | | | | 710 | 707.5 |
| Los Angeles, California | | | | 1205 | 729.6 |
| San Francisco, California | | | | 40 | 527.8 |
| Riverside, California | | | | 2340 | 618.5 |
| Denver, Colorado | | | | 797 | 102.4 |
| Washington, DC | | | | 1546 | 745.6 |
| Wilmington, Delaware | | | | 59 | 310.5 |
| Orlando, Florida | | | | 584 | 1297.3 |
| Miami, Florida | | | | 706 | 1314.6 |
| Tampa, Florida | | | | 533 | 560.5 |
| West Palm Beach, Florida | | | | 194 | 558.4 |
| Sarasota, Florida | | | | 230 | 830.6 |
| Jacksonville, Florida | | | | 189 | 325.9 |
| Cape Coral, Florida | | | | 405 | 1524.7 |
| Fort Lauderdale, Florida | | | | 565 | 1695.5 |
| Atlanta, Georgia | | | | 5002 | 225.2 |
| Honolulu, Hawaii | | | | 19 | 1900.0 |
| Boise City, Idaho | | | | 114 | 1791.4 |
| Lake County, Illinois | | | | 127 | 221.7 |
| Chicago, Illinois | | | | 1518 | 360.7 |
| Indianapolis, Indiana | | | | 790 | 119.6 |
| Gary, Indiana | | | | 190 | 169.9 |
| Louisville, Kentucky | | | | 239 | 139.7 |
| New Orleans, Louisiana | | | | 128 | 353.5 |
| Bethesda, Maryland | | | | 223 | 1355.0 |
| Baltimore, Maryland | | | | 272 | 480.2 |
| Essex County, Massachusetts | | | | 107 | 205.5 |
| Boston, Massachusetts | | | | 227 | 285.1 |
| Cambridge, Massachusetts | | | | 97 | 166.9 |
| Detroit, Michigan | | | | 2874 | 134.2 |
| Warren, Michigan | | | | 1815 | 181.7 |
| Grand Rapids, Michigan | | | | 397 | 154.6 |
| Minneapolis, Minnesota | | | | 997 | 295.6 |
| Kansas City, Missouri | | | | 798 | 154.4 |
| St Louis, Missouri | | | | 736 | 181.5 |
| Omaha, Nebraska | | | | 122 | 125.1 |
| Reno, Nevada | | | | 125 | 602.1 |
| Las Vegas, Nevada | | | | 1460 | 453.0 |
| Rockingham County, New Hampshire | | | | 102 | 283.6 |
| Edison, New Jersey | | | | 84 | 362.1 |
| Camden, New Jersey | | | | 99 | 249.8 |
| Newark, New Jersey | | | | 205 | 407.2 |
| Albuquerque, New Mexico | | | | 122 | 335.7 |
| New York, New York | | | | 212 | 380.5 |
| Long Island, New York | | | | 81 | 239.8 |
| Charlotte, North Carolina | | | | 398 | 205.9 |
| Greensboro, North Carolina | | | | 177 | 168.1 |
| Raleigh, North Carolina | | | | 129 | 207.8 |
| Columbus, Ohio | | | | 480 | 98.4 |
| Cincinnati, Ohio | | | | 647 | 111.5 |
| Cleveland, Ohio | | | | 1089 | 124.2 |
| Oklahoma City, Oklahoma | | | | 193 | 171.7 |
| Portland, Oregon | | | | 135 | 1076.9 |
| Philadelphia, Pennsylvania | | | | 197 | 164.8 |
| Greenville, South Carolina | | | | 120 | 125.0 |
| Spartanburg, South Carolina | | | | 94 | 156.5 |
| Nashville, Tennessee | | | | 319 | 256.2 |
| Memphis, Tennessee | | | | 807 | 170.2 |
| Houston, Texas | | | | 1322 | 133.6 |
| Dallas, Texas | | | | 1322 | 142.1 |
| Austin, Texas | | | | 221 | 184.2 |
| Fort Worth, Texas | | | | 642 | 151.2 |
| San Antonio, Texas | | | | 321 | 257.3 |
| Salt Lake City, Utah | | | | 52 | 2600.0 |
| Virginia Beach, Virginia | | | | 184 | 1148.6 |
| Richmond, Virginia | | | | 171 | 667.5 |
| Tacoma, Washington | | | | 92 | 1463.6 |
| Seattle, Washington | | | | 94 | 1175.0 |
| Milwaukee, Wisconsin | | | | 129 | 309.5 |