Banked Owned REO properties in San Francisco - update:
Prices are down in San Francisco... but is the sky falling (yet)?
A quick search of San Francisco REO's in the MLS reviews only 29 Condos, and 31 Single Family Homes are banked owned. Meanwhile there are 578 homes for-sale in San Francisco, and 668 Condos for sale in San Francisco. So roughly 5% of San Francisco properties (excludes TIC's, Lofts, Coops and multi-unit buildings) are banked owned.
Here are your San Francisco Banked Owned REO reports:
* 29 Banked Owned REO condos in San Francisco (report is available for 30 days from July 18th 2009
* 31 Banked Owned REO Single Family Homes in San Francisco (report good for 30 days from July 18, 2009