Simi Valley, Moorpark Real Estate Market Conditions

07/01/2009 - 09/30/2009 - Moorpark, California Residential units Sold that were REO: 23 AVERAGES: Days on market: 31 List:  $454,897 Sold: $463,849 SP%LP: 101.97% Sq.Ft.: 2200  $ per Sq.Ft.: $211 High: $1,225,000 Low: $145,000 Median: $350,000  Comments: Currently in Moorpark as of 10/24/2009 th...

07/01/2009 - 09/30/2009 - Moorpark, California Residential units Sold that were REO: 23 AVERAGES: Days on market: 31 List:  $454,897 Sold: $463,849 SP%LP: 101.97% Sq.Ft.: 2200  $ per Sq.Ft.: $211 High: $1,225,000 Low: $145,000 Median: $350,000  Comments: Currently in Moorpark as of 10/24/2009 the...

According to DS News, that's what is about to happen. You can read the article by following the link below.  http://www.dsnews.com/articles/new-housing-crash-looms-as-shadow-inventory-climbs-past-7-million-analysts-2009-09-25 It sounds like we're going to be hit by a "REO Tsunami", I hope we all ...