Property Lists: Foreclosed, Bank-Owned and Auction

March 6, 2009

The links below show properties in all stages of the foreclosure process and those that are bank-owned or up for auction.

…FORECLOSURE is the legal process in which a bank or lender sells or repossesses a parcel of real property after the owner has failed to comply with an agreement between the lender and borrower.

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San Francisco Months-Supply-of-Inventory and Days-on-Market Analysis

February 15, 2009
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Generally speaking, 4-5 months supply of inventory is considered a balanced market between buyers and sellers; less than 4 months is considered a sellers’ market; and more than 5 months is considered a buyers’ market. By these definitions (as well as others), the home market in many of San Francisco’s neighborhoods is now a strong buyers’ market – which means more choice, less competitive bidding, increased price reductions, more price negotiation.

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