Foreclosures are a hot topic in addition to the mortgage subject.  Solano County certainly has its share of foreclosures.  When misfortune happens and people lose their homes for what ever reason, something has to happen to the homes.  The banks are not in the rental business nor want to own homes.  They are in the business of lending.

So how many foreclosures are there in Vallejo?  Our local multiple listing service as of 12/07 indicated there are 302 single family homes or condos that are now owned by the bank and listed with a Realtor to sell in Vallejo out of a total of 1112 homes on the market. Their price range is from a low of $105,000 to a high of $869,900.  The median price is $317,000 for a foreclosure.  That compares to a home not foreclosed on at $384,995 median price in Vallejo.

Vallejo certainly has some lovely neighborhoods to choose from, all the way from contemporary to historic homes.  Close to San Francisco, Napa Valley, and the Lake Tahoe region, Vallejo has something to offer everyone. 

With the incredible selection of homes to meet any buyers pickiest needs, come check out the homes in Vallejo.