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Victoria Grove Riverside CA

By Vicki Pedersen

Real Estate Agent with Pedersen Real Estate 01435175

February 20, 2010 04:10 AM

Victoria Grove- Riverside CA

This is for those who are interested in what is happening currently with the housing market in Victoria Grove Riverside CA. This information is as of February 20, 2010.

Active Listings

There are 13 houses currently for sale on the multiple listing service right now in Victoria Grove. Of the houses currently for sale, four are short sales, two are bank-owned (foreclosure) and seven are standard sales.

Houses in Escrow

There are currently 15 houses in escrow in Victoria Grove. Of those, one is bank-owned, ten are short sales, and there are four standard sales.

Closed Homes

Victoria Grove has had a total of 10 houses closed (sold) in the last 60 days. Of those, three were bank-owned, and there was one short sale and six were standard sales.

There continues to be lots of buyers vying for the best houses at the best prices in Riverside CA. Houses that are priced right are definitely selling. We are seeing increasing numbers of short sales successfully completed. If you are going to loose your home to foreclosure, a short sale may be a better option for you. Talk to your lender first about a possible loan modification. If they don't agree to one, you should consider a short sale. Be sure to consult with your tax advisor or attorney before you decide to do a short sale as there may be tax consequences.

Victoria Grove, in Riverside CA is a wonderful neighborhood. It is actually one of my favorite neighborhoods in Riverside. If you would like to learn more about Victoria Grove or see photos of the neighborhood/amenities, go to my blog about Victoria Grove. Visit my website at Pedersen-Team.com. You can contact me at vicki@pedersen-team.com if you would like more details about Victoria Grove.