There seems to be less short sales and bank owned properties on the market in Corona, CA.

Asked by Williams, Corona, CA Fri Oct 8, 2010

Does anyone know why? Thanks.

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3
Harold Sharpe, Agent, Menifee, CA
Fri Oct 8, 2010
Hi Williams,
Yes this is the norm.
inventory drops generally from October through January.
It will pick up again in February.
School, Holidays etc.

Harold Sharpe - Broker
So Cal Homes Realty
(951) 821-8211
harold@socalhomesrealestate.com
http://www.socalhomesrealestate.com
California Department of Real Estate License # 01312992
0 votes
Jane Grant, Agent, Aguanga, CA
Fri Oct 8, 2010
Williams: Corona is a very popular area because it is so close to the major freeways and as soon as they hit the market they are under contract.
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0 votes
Stephen McKee, Agent, Riverside, CA
Fri Oct 8, 2010
Bank owned: There are a mountain a theories. The short answer is it's a processing issue. With all the government intervention and law changes, the big banks can't catch up.

Short sale: They actually dominate the market in the inland empire. Short sales are almost 70% of the closed sales in the inland empire.
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