Weekly Wednesday Foreclosure and Short Sale Update - December 1, 2010

Here’s a look at the inventory in Costa Mesa, Newport Beach, Huntington Beach, and Laguna Beach. For more information on Orange County foreclosures and short sales visit Torelli Realty.Below is a look at the number of homes identified in the MLS as being ‘in the foreclosure process,’ ‘short sale offer submitted,’ ’short sale/subject to lender approval,’ ‘notice of default,’ ‘REO/Lender-owned,’ or ‘REO Offer(s) submitted.’  These homes are currently either active listings, accepting backup offers or pending sales. 

Credit jscreationzs

 Costa Mesa:172 total homes listed as in the above categories Huntington Beach:405 total homes listed as in the above categoriesNewport Beach:133 total homes listed as in the above categoriesLaguna Beach:71 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.