Lender Owned Properties (REO)
 

The proportion of the MLS sales which are REO sales varies

quite significantly by location within the valley.   

Graph 1

The cities comprising the valley segments which are plotted on this

graph are shown in the table at the bottom of this article along

with the percentage of the sales which were REO’s.

REO vs. Non-REO Sales by City

December 2010

Graph 2