Twenty-five Chino homes were listed for sale during the week ending March 14, 2009, and eleven homes entered escrow, according to the Inland Multi-Regional Multiple Listing Service.
A total of 290 Chino homes were listed for sale in the MLS on March 15. Included were 156 single-family homes not in associations. There were 134 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Chino on March 15; 133 listed homes were reported as vacant.
The MLS showed 52 foreclosed, or Real Estate Owned, homes listed in Chino on March 15; 100 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender. Please note: The MLS only recently required the type of sale of listed homes to be reported when a listing is entered into the system; the numbers of homes in foreclosure or having a Notice of Default - both of which likely would have short payoffs - does not included previously listed homes.
There were seven Chino homes reported as sold in the MLS during the week ending March 14, 2009.
Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports for her website, www.ilajosephs.com, surveying home market activity in the Inland Empire cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, and Upland. For more information, call Ila at (909) 261-3541.
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