How many short sales and REOs are happening in the elite areas of NSDCC? 12%
Detached Sales between April 1 and July 31 in Del Mar, Solana Beach, RSF, and CV:
|Type||# of Sales||Avg $/sf||% of Total|
|SS & REOs|
Here is the map of where the SS & REOs were located:
There are 135 SFRs on the NOD and NOTS lists, so there will be a few more dripped out, but for the most part we are in a non-distressed market – at least as far as we can tell.
Will banks keep the pressure on those behind in payments?