Wishing you, your family, and friends a most wonderful Thanksgiving.
May everyone be happy, healthy and safe.
Thankful to have helped so many buy and sell this year. And for the one that is now in escrow!
Thank you!
Thursday, November 28, 2013
Sunday, November 17, 2013
More distressed homes coming to Inland Empire
Many areas in Southern California are experiencing a low inventory of foreclosures, short sales and bank owned homes for sale. In Orange County distressed properties account for less than 7% of listings.
Its a different story in the east valley. Distressed homes represent 15% of listings in San Bernardino, Highland, Redlands and Yucaipa. 103 of 722 in the MLS are distressed. More importantly, more than 425 foreclosure properties are set to be sold at action in the next 90 days in these east valley cities.
This creates a golden opportunity for investors poised to buy, renovate and hold or flip. And for first time buyers who are frustrated by the regions low inventories.
Its a different story in the east valley. Distressed homes represent 15% of listings in San Bernardino, Highland, Redlands and Yucaipa. 103 of 722 in the MLS are distressed. More importantly, more than 425 foreclosure properties are set to be sold at action in the next 90 days in these east valley cities.
This creates a golden opportunity for investors poised to buy, renovate and hold or flip. And for first time buyers who are frustrated by the regions low inventories.
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