Weekly Central Coastal OC Short Sale Update - March 22, 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 ‘short sale offer submitted,’ ’short sale/subject to lender approval,’ These homes are currently either active listings, accepting backup offers or pending sales.Costa Mesa:144 total homes listed as in the above categoriesHuntington Beach:311 total homes listed as in the above categoriesNewport Beach:117 total homes listed as in the above categoriesLaguna Beach:55 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 contact us if you’d like additional information.Here's a list of some of the most recent short sales to hit the market:Costa Mesa[idx-listing mlsnumber="P774483"]  Huntington Beach[idx-listing mlsnumber="S651920"]Newport Beach[idx-listing mlsnumber="S652164 "]Laguna Beach[idx-listing mlsnumber="P773327"]