Inman

Real estate investor activity mixed in top 10 West Coast trustee’s sale markets

Inman

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: