The following report provides a brief overview of current legislation and its potential to impact our struggling housing market. You'll also find a series of charts and graphs showing single family home unit sales for the communities of Temecula, Murrieta, Lake Elsinore, Menifee, Wildomar and Canyon Lake along with median prices. This month there's also a chart with current pre-foreclosure activity and the number of bank-owned homes in the area.
By clicking on the title above the chart you can access a larger page size of the report and while you're at Slideshare, you can also check out more extensive reports on foreclosure activity for each city including recent filings, inventories and timeframes (the average time to foreclosure is now 318 days in our region). There are also some interesting stats on defaults by loan amount and by current market value as well as a graph on when most of the defaulting loans were made. No great surprises there but interesting all the same.
Enjoy.
Comments(0)