Now that the MLS has a special box for marking bank-owned listings, let’s track their progress lately – are more foreclosed properties coming on the market yet?
San Diego County, Attached and Detached:
|Week Of||# New Listings||Marked PEND||Closed|
New listings are in decline, new pendings are hot and getting hotter, yet getting them closed looks to be tougher now. Loan servicers have to be in overwhelm mode, or just laughing at us.