Year to date sales units up 30%. 603 in 2012 vs. 484 in 2011 same period. Inventory is low / 595 active units available. Average price sold is up 44% – 2011 was $161,520 and 2012 is $232,848 YTD. (this is not an indication of prices rising, but it is an...
92315 Foreclosure Trends Embed this chart on your own page… Foreclosure Filings—Notice of Default filings are the first step in the foreclosure process. Notice of Trustee Sale filings set the date and time of an auction, and serve as the homeowner’s final...
Even though there appears to be the makings of a positive price trend, that trend may be temporary. Both the Absorption rate and the Ratio of Demand to supply is too high to support strong price moves.
