San Diego, CA, June 17, 2009.
Hello and Welcome to Spring Valley, California Homes for Sale, Foreclosures, Short Sales, REO's, and Real Estate.
At Four Seasons Realty we try to provide you with monthly updates of the recent sales activities per zip code along with the most recent Foreclosure data for the region, and for the state. When searching for Real Estate it is important to have a feel for what is going on in your current market and surrounding area. We try to make this easier for you by compiling the most recent information from several data sources.
Here are some important recent Sales statistics for the zip code of 91977 Spring Valley, San Diego, California.
Spring Valley, in the month of April 2009 according to Data Quick there were a total of 83 sales figuring new, resale, and condo combined for a median sales price of $210,000 for the area. This represents a 25% percent decrease in prices from April of 2008, making some potential great opportunities to be discovered in the area. To search all active listings, bank owned REO and short Sale listings in Spring Valley click here.
When looking at the most recent foreclosure data for the month of May 2009 for San Diego County, we find the following according to Foreclosure Radar: There were a total of 3,282 NOD's (Notice of Defaults, the first step of the Foreclosure process), there were a total of 3,294 NTS (Notice of Trustee Sale, the 2nd step), and there were 1,322 Sales at the auction (the 3rd step in the process). To learn more about Foreclosures in San Diego County click here.
When looking at California as a whole regarding Foreclosure activity we find the following according to Foreclosure Radar. Notice of defaults (first step in the foreclosure process) fell 4.2% from April to 40,870 filings. Year over year filings were down 3.1 percent from May of 2008.
Notice of Trustee Sale filings reached a new record level in May with 41,959 filings representing a 42% increase from April.
Foreclosures taken to sale at auction reached 17,871, which represented a 31.9 percent increase from the previous month, but still much lower than a year ago.
The majority of sales that go to the foreclosure auction are still taken back by the lender and go into REO status. REO status means (Real Estate Owned, by the bank or lender).
To search all active NOD's, NTS's, and Bank Owned REO properties for Spring Valley, San Diego as a whole, and the entire state of California click here.
We are one of the only Real Estate companies which attends the foreclosure auctions in person on a weekly basis. We represent many buyers at these auctions and would love to talk with you further if you are interested in Foreclosure properties. We also have a full service brokerage operation, so whether you are a buyer or a seller, we have the experience and know how to help you in your situation navigate through this challenging market.
To learn more about us in general please visit our website by clicking here.
We look forward to hearing from you.
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