Weekly Central Coastal OC Foreclosure Update – February 15, 2011

Here’s a look at the inventory in Costa Mesa, Newport Beach, Huntington Beach, and Laguna Beach. Click here for more information about foreclosures and short sales.Below is a look at the number of homes identified in the MLS as being ‘in the foreclosure process,’ ‘notice of default,’ ‘REO/Lender-owned,’ or ‘REO Offer(s) submitted.’ These homes are currently either active listings, accepting backup offers or pending sales.Costa Mesa:40 total homes listed as in the above categoriesHuntington Beach:107 total homes listed as in the above categoriesNewport Beach:25 total homes listed as in the above categoriesLaguna Beach:23 total homes listed as in the above categoriesPlease note that these numbers only reflect what is reported in the SoCal Multiple Listing Service. We will continue to follow the numbers and share the changes in the local Orange County real estate market. Please comment or email us at info@torellirealty.com if you’d like additional information.