Trustee Sales for Ventura County:
Source:ForeclosureRadarHere is the graphical breakdown of trustee sales for Ventura County and Los Angeles County going back to January 2007. The third party transactions are very high right now. This is due to very low inventory of houses in the affordable ranges the investors know they can charge a small premium on the low end because the choices are very limited.
Note: I have added a foreclosure research link to the site, see here.
1 comment:
In my 'hood lots of high end housing is piling up as the owners die or move to assisted living facilities. The heirs or whatever are just letting them sit. Presumably waiting for the market to recover.
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