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La Habra Bank Owned Homes (REO) - volume shrinking

Today we have only 16 REO homes in La Habra for sale -- that is way down from recent historic high levels. Buyers are gobbling up these bargains in record numbers and at record rates. It is very common now to have multiple offers on REO property and the banks are closing the deals. Fixers and even major fixers are jumping into escrow. At this rate of sale, we may not have many more weeks to find bargain REO properties for the aggressive buyers.

A user friendly Quick home search is provided at www.foustonline.com and is a top performing tool for buyers and sellers. A current, relevant, and "must read" Real estate blog is also provided at www.foustonline.blogspot.com

Posted Tuesday May 12