More signs of the times - Inland Empire of California

By
Real Estate Broker/Owner with Empire Realty

If you browse my Blog you will notice that I try to give accurate monthly market analysis for a few choice cities in my market.  I attempt to include a broad array of information to help analysewhere our local market is headed and I pepper it with a little commentary, see example.

I recently found another source of data that I found very informational, the percentage of listed homes that are in foreclosure,I don't know how accurate this is as it's source is Trulia but I find it very enlightening.  The information came from a doom and gloom website, Patrick.net, which a client sent me.

Here is a sample of the data:

As Listed on Trulia.com1/15/2008
 Total # Houses Listed for SaleListings in Foreclosure% of Listings in Foreclosure
CALIFORNIA CITIES   
Rialto                   1,232                       946 76.8%
Los Banos                   1,104                       838 75.9%
Fontana                   2,650                    1,931 72.9%
Pittsburg                   1,136                       823 72.4%
Sacramento                   9,097                    6,518 71.6%
San Bernardino                    2,580                    1,822 70.6%

I hope information like this is useful to you.

Take care!

RJH

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