Banning, California Real Estate REO Bank-Owned, Short Sales and Standard Sales Activity
Banning, CA consists of many communities like the Sun Lakes Country Club, Sunnyslope, Sunrise Acres and the Historic Downtown Art District. This is a monthly Real Estate report of REO Bank-Owned, Short Sales and Standard Sales Active Listings, Closed Sales and Pending Sales from December 2009 to January 2010 in Banning, California.
Active REO Bank-Owned Listings for Banning, CA: 30
Active Short Sale Listings for Banning, CA: 45
Active Standard Sale Listings for Banning, CA: 98
Closed REO Bank-Owned Sales for Banning, CA: 22
Closed Short Sales for Banning, CA: 2
Closed Standard Sales for Banning, CA: 20
Pending REO Bank-Owned Sales for Banning, CA: 26
Pending Short Sales for Banning, CA: 19
Pending Standard Sales for Banning, CA: 21
These numbers can give us a general idea of what type of listings and sales are currently in the Banning, California area from 12/15/09 to 1/15/10. Keep in mind these numbers do not reflect properties currently under the status of Backup Offer, Contingent to Show, Expired, Canceled, Hold Do Not Show or Withdrawn.
For more information or if you have any questions please feel free to call or email us using our contact info below.

GARRIGUS REAL ESTATE
Foreclosure Agent/REALTOR & Short Sale Specialists
SERVING RIVERSIDE & SAN BERNARDINO COUNTIES
Coldwell Banker Kivett-Teeters Associates
GarrigusRealEstate@yahoo.com
www.GarrigusRealEstate.com <--- Check out our website for useful info and tools!
Devona Garrigus / DRE License # 01844441
IMPORTANT DISCLOSURE in compliance with the FEDERAL TRADE COMMISSION ("FTC") MORTGAGE ASSISTANCE RELIEF SERVICE ("MARS"): Before using this service, consider the following information - Coldwell Banker Kivett-Teeters Associates are not associated with the government and our services are not approved by the government. Seller acknowledges that the Broker/Agent is not qualified to provide financial, legal or tax advice regarding short sale transactions. Therefore, the seller is advised to obtain professional tax advice and consult independent legal counsel immediately regarding the tax implications and advisability of entering into a short sale agreement with their lender/servicer. If you stop paying your mortgage, you could lose your home and damage your credit rating.
Todd - It looks like Banning still has a lot of distressed properties to clear. How many months inventory do you have?