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Home : Blogs : Frederic Din ~ Imperial Valley Real Estate Agent : Imperial Valley Real Estate 760-235-4885 : Archives December, 2009

Flood of Foreclosures in the Forecast - 12/08/09 09:25 PM

Flood of Foreclosures in the Forecast
Less than 1/4th of recent bank owned or REO properties taken back by banks over the last 60 days have been integrated into the local housing market according to research conducted by REALTOR® Frederic Din. "I researched over 150 newly acquired bank owned properties from October 1st through December 4th, 2009 and found only thirty-seven properties listed in the Imperial Valley Multiple Listing Service (MLS) out of properties researched throughout the county".
While Frederic's research of "shadow inventory" in the Imperial Valley is ongoing, he states there are definite trends leading to a growing level of vacant … (3 comments)

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Frederic Din ~ Imperial Valley Real Estate Agent

El Centro, CA

More about me…

AXIA Real Estate Group Inc ~ Imperial Valley Real Estate

Address: El Centro, CA, 92243

Office Phone: (760) 235-4885

Email Me

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