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Rancho Cucamonga Market Report for November 2007

By
Real Estate Broker/Owner with Empire Realty

No matter what the market, people will continue to desire to live in Rancho Cucamonga, as it remains one of the most prestigious cities within San Bernardino County. Comparatively speaking, the Rancho Cucamonga housing market continues to post brisk sales. 

In of November 2007, 58 single family homes and a total of 8 condos/townhomes sold.  Total sales are down 53.5% for the same period last year and down 14.1% from last month's sales in the Inland Valley MLS, keep in mind that some of this is seasonal trends coming into play.

My overall view of the market is still slipping, Click Here to view a comprehensive article about the conditions of the Inland Empire market. 

Closed Sales For November 2007: Down Slightly from last month

34 Single Family Homes

12 Condos/Townhomes

Pending Sales For November 2007: Down Slightly from last month

85 Single Family Homes

22 Condos/Townhomes

Current Actives As of Today's Post: Down Slightly from last month

741 Single Family Homes

232 Condos/Townhomes

Foreclosure Activity for November 2007

91701 - 16 Notice of Defaults (NOD) Down by 8 from last month

91701 - 6 Notice of Foreclosure Sale (NOS) Down by 16 from last month

91730 - 35 Notice of Defaults (NOD) Down by 10 from last month

91730 - 25 Notice of Foreclosure Sale (NOS) Down by 6 from last month

91737 - 15 Notice of Defaults (NOD) Down by 7 from last month

91737 - 7 Notice of Foreclosure Sale (NOS) Down by 11 from last month

91739 - 15 Notice of Defaults (NOD) Down by 22 from last month

91739 - 22 Notice of Foreclosure Sale (NOS) Down by 14 from last month

It's important to stay in tune with the changes in the market. Call Empire Realty for your next personal real estate consultation at (909) 579-6611, or visit us on the web at Empire Realty.