Home › Forums › Housing › There seems to be an increase in foreclosure listings inTemecula › Let’s have an unscientific
Let’s have an unscientific poll!
What would you consider appropriate REO levels for just the few streets in Eclipxe’s map.
How many REOs would show up on JUST the tiny area on Eclipxe’s map in a given month during:
Normal, healthy RE market: #??
The last RE down-cycle: #??
Absolute disaster: #???
Complete GD2 RE meltdown: #???
(Actual April 2009 numbers: 220 (plus 20 lots)) —————————–
I’ll go first! —- Normal, healthy RE market: 2
The last RE down-cycle: 25
Absolute disaster: 50
Complete GD2 RE meltdown: 100
(Actual April 2009 numbers: 220 (plus 20 lots))