The State of the Ruby Hill Market
The inventory remains low compared to previous years and sales remain strong with a total of 57 homes having sold or gone pending since the beginning of this year. Some owners have chosen to rent their homes rather than sell and with attractive rents.
September 30, 2010 Total Bank owned share Short Sale Share
Active 24 1 0
Pending 10 0 5
Sold to date 2010* 47 3 7
*COE 01/01/10 or later
One of the 24 homes currently active in Ruby Hill one is bank owned – 1773 Via di Salerno. A total of 15 homes sold/pending since the start of this year are either bank owned/potential short sales out of a total of 57.
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