Sad but true, the REO Fullerton real estate market is rapidly shrinking.  Fullerton now only offers 13 homes for sale that are REO type properties.  That is an amazingly low number and is dropping daily.  The foreclosure process has slowed way down (that was the government goal) and therefore the resulting bank owned real estate (REO) is starving off with each REO sale.  Fullerton has only 262 total homes and condos for sale at this time.  Of that, 194 are single family residences (SFR).  This low inventory is very near the market low point for 3 years ago during the real estate boom.  Is it any wonder that many buyers are now puzzled at the difficulty in finding and buying a home for sale in Fullerton.

Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying.  Also review neighborhoods to get a comparison of the areas.