Everyone wants to know about foreclosures in Sun City Palm Desert.
Fortunately, Sun City has not had the rate of foreclosures that other areas of Riverside County have endured. There were only 5 foreclosures of June to Sept. sales. Our sales were down but that is because we don't have as many foreclosures.
As of last month, I had heard that the board was looking into 12 homes which are behind on their HOA dues.
Prices have dropped here, no doubt, and there has been a shift from the higher priced homes to the lower priced homes.
As of this AM there were 197 homes presently listed. Since Oct. 1 there have been 11 pending sales.
Thre were fewer Notices of Default filed last week than in many weeks. Let's hope that is a sign.
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