Phoenix REO sales picked up in December 2009, increasing 41.5% from November and 39.4% from the year before, according to MDA DataQuick.

For December, 6,072 single-family homes and condos foreclosed, and 30,300 foreclosed for the entire second half of 2009. Compared to the first half of 2008, that number rose 10%…
According to the latest report from RealtyTrac, there shouldn’t be a shortage of supply anytime soon. The Phoenix-Mesa-Scottsdale Metropolitan Statistical Area (MSA) has the eighth highest foreclosure rate in the country at 8%.

In other words, one in every 12 homes received a foreclosure filing at the end of 2009.

Write to Jon Prior.