Foreclosures per 1,000 owner-occupied dwellings, 2000–2011

Note: Data are quarterly and extend from the first quarter of 2000 through the fourth quarter of 2011. Shaded areas denote recessions.

Source: Authors' analysis of Federal Reserve Bank of New York (2012) and Current Population Survey/Housing Vacancy Survey, Historical Tables (Table 8)

Documentation and methodology

Data on foreclosures are from the Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit; data series “Number of Consumers with New Foreclosures” (http://www.newyorkfed.org/newsevents/news/research/2012/an120227.html). The number of owner-occupied dwellings was taken from the Current Population Survey/Housing Vacancy Survey, Historical Tables, Table 8, “Quarterly Estimates of the Housing Inventory: 1965 to Present” (http://www.census.gov/hhes/www/housing/hvs/historic/index.html).