Thursday, June 3, 2010

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

Here is the sales breakdown for the San Fernando Valley for May 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 sales will ultimately be for May. It appears that sales should be even YoY when all the late reporters are counted. These sales levels are extremely weak historically and just an indication of this highly engineered market. With the end of the tax credit it appears it is going out with a whimper not a bang.

No comments: