Now that makes more sense. You were right about 2009. I think that 2010 was so brutal because of all of its foreclosure sales. It will be interesting to see what happens in 2011. RealtyTrac is predicting the number of foreclosures will be greater than 2010 -
Foreclosure Filings in U.S. May Jump 20% From Record 2010 as Crisis Peaks - Bloomberg . If their predictions don't happen, I'm going to have to adopt your skepticism.