Editor’s note: In compiling the "10 Best Markets for Real Estate Investors" report, Inman News reached out to a range of data providers and online real estate sites that supplied statistics and charts to identify real estate markets that may be well-suited for investors. The following chart and accompanying methodology were provided by foreclosure data site ForeclosureRadar.
| Q1 Year-over-year Change in Investor Activity in Top 10 West Coast Trustee’s Sale Markets | |||
|---|---|---|---|
| County | Year-over-year change in total trustee’s sale volume (includes REO)
|
% trustee’s sale properties purchased by investors
|
|
| Maricopa County, Ariz. | +42.5% | 12.3% | 25.8% |
| Clark County, Nev. | +28.9% | 41.2% | 22.2% |
| Los Angeles County, Calif. | -12.1% | -8.1% | 22.9% |
| Riverside County, Calif. | -6.6% | -11.9% | 22.9% |
| San Bernardino County, Calif. | +11.6% | -11.1% | 21.8% |
| San Diego County, Calif. | -20.1% | -11.7% | 26.4% |
| Sacramento County, Calif. | -8.9% | -3.8% | 19.5% |
| Orange County, Calif. | -31.6% | -7.9% | 28.1% |
| San Joaquin County, Calif. | -8.5% | -13.6% | 27.3% |
| Pinal County, Ariz. | +35.7% | -1.3% | 23.2% |
Source: ForeclosureRadar.
Methodology:
ForeclosureRadar compiled data showing the change in investor activity at trustee’s sales for the 10 largest trustee’s sale markets on the West Coast (within its five-state coverage area of Arizona, California, Nevada, Oregon and Washington). Activity increased in four markets from first-quarter 2010 to first-quarter 2011 and declined in six.
For reference we also included two other metrics: change in total number of trustee’s sales, and the percentage of total trustee’s sales purchase by third parties (investors).
Source: ForeclosureRadar.
Read the full report: "10 Best Markets for Real Estate Investors."
View more charts provided by data companies and online real estate websites:
