| Foreclosures | NOD's * | Inventory ** Single Family |
Condos | |
|---|---|---|---|---|
| Zip Code 92253 |
166 | 369 | 825 | 177 |
Since March 2009, the number of foreclosed properties decreased, properties in foreclosure (NODS) doubled and available inventory for both single family homes and condos decreased.
Many homes that have a foreclosure action filed will most likely be sold as a short sale.
The observations represented are my opinions only, based on experience and working in the desert area for many years.
Foreclosure stats have been obtained from www.foreclosure.com.
Inventory stats are from the Desert Area MLS.
* Notice of Default filed.
** Inventory is defined as properties currently listed for sale in the local multiple listing service. A large number of these properties are foreclosure properties, also known as Bank REO.
Hi, I'm Jeannie. For over 25 years I've helped investors make money in markets both good and bad. 
