Santa Clarita Foreclosures and Short Sales

184053 Resource 120085 120144 120144 1190591971405 1190607157915 Controlled Santa Clarita Bank Owned (REO) Homes

Foreclosures remain relatively low for the Santa Clarita area, with only 40 bank-owned (REO) properties for sale.

With rumors about sky-high rates of foreclosures becoming frequent news fodder these days both nationwide and in the Southern California area, a look at the Santa Clarita real estate market shows that there are very few foreclosed (bank owned or REO) properties for sale in the Santa Clarita area.Below is a listing of bank-owned (REO) homes in the Santa Clarita area as of September 23, 2007:<table style="WIDTH: 80%" cellspacing="1" cellpadding="1" border="1"><tbody><tr><td>Zip Code</td><td># of Homes Below $500k</td><td># of Homes $501 - $999k</td><td># of Homes $1mm+</td></tr><tr><td>91351</td><td>2</td><td>0</td><td>0</td></tr><tr><td>91387</td><td>5</td><td>2</td><td>0</td></tr><tr><td>91321</td><td>6</td><td>2</td><td>0</td></tr><tr><td>91384</td><td>2</td><td>1</td><td>0</td></tr><tr><td>91350</td><td>4</td><td>1</td><td>0</td></tr><tr><td>91390</td><td>1</td><td>1</td><td>0</td></tr><tr><td>91381</td><td>1</td><td>0</td><td>1</td></tr><tr><td>91354</td><td>3</td><td>2</td><td>0</td></tr><tr><td>91355</td><td>4</td><td>2</td><td>0</td></tr><tr><td>Totals</td><td>28</td><td>11</td><td>1</td></tr></tbody></table>Short sale (preforeclosure) properties are higher in number than REO's, with a total of 211 homes listed as short sales in the Santa Clarita area. Areas hardest hit with short sales are Stonegate in Castaic (5 homes), Val Verde area (5 homes), Mint Canyon (4 homes), American Beauty Village (5 homes), Peachland Condos (5 homes) and the Siena Villas (4 homes). These are mostly lower-priced homes, with an average price of $483,000, low price of $155,000 and high price of $985,000.<a title="Foreclosure and Short Sale Home Search" href="http://idx123.realtytech.com/Foreclosures.aspx?user=lslocum" target="_blank">Click here</a> to see all available foreclosure and short sale (preforeclosure) homes in the Santa Clarita area.Information obtained from SoCal MLS and is deemed reliable but not guaranteed. 9 application/xml bank owned foreclose foreclosure preforeclosure reo santa clarita santa clarita homes santa clarita real estate short sale Santa Clarita Foreclosures and Short Sales Foreclosure and short sale (preforeclosure) homes available for sale in the Santa Clarita area. http://idx123.realtytech.com/Foreclosures.aspx?user=lslocum Foreclosure Myths Know the facts before jumping into the foreclosure market! item/131146 Foreclosure Investing: Risky Business Legal actions by prior owners, hidden liens and easements can spell disaster for small investors. item/132958 false Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; .NET CLR 1.0.3705; Media Center PC 3.1) 127.0.0.1 127.0.0.1 lslocum false true false false true 181698 false false true false false false true 120085 blog blogsite/SantaClaritaRealEstate/web