Here’s a couple trend reports for Riverside and San Bernardino Counties highlighting the move from REO and Short Sale transactions to Standard sale transactions from January 2012 to February 2013. It is notable the increase of standard sales and decrease of distressed-type sales in foreclosures and short pay transactions.
But its also worth noting that 2012 February standard sales had a huge increase as well. This chart solidifies the notion that the real estate market is burning through distressed properties and the increase in movement by the standard home or property seller. You’ll also notice that San Bernardino County and Riverside County mirror each other closely in this trend.
February 2013 Transaction Trend Report for Riverside County
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