Tuesday, March 2, 2010

Short Sale & Foreclosures for the San Fernando Valley - February 2010

Here is the sales breakdown for the San Fernando Valley for February 2010. The SFV has a lot more late reporters as a percentage of sales and so it is a bit tougher to discern right now just how weak or strong sales will ultimately be for February . It appears that sales should be lower YoY when all the late reporters are counted. These sales levels are extremely weak historically and just an indication of this highly engineered market. Stagnation continues to be the word of the day.

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