More Vacant Homes on and off the market

Each morning I check the Multiple Listing Service; I hope to find new listings for my buyer clients and check for new competition that could affect my listings.  I also look for trends, and I am noticing more vacant homes.



For instance this Glendale listing expired.  It was priced @ $655,000 but was only purchased in October of 2005 at which time it sold for $615,000.  The MLS states the home is vacant, this owner has apparently "moved on” and it appears that this will result in one more foreclosure. 



PropertyShark's Map - Glendale
Purple pins represent 14 Notices of Default filed in the last 14 days
Red pins indicated 13 Trustee Sales (foreclosures) in the last 14 days

 

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