The sample for McDowell Mountain Ranch is really too small to make any serious observations as to trends but, by comparison to the valley as a whole, the statistics suggest it is a much more stable market.
For example, most of the activity inventory is still comprised of normal, non-distressed properties and the component that's actually lender owned is just a small sliver of what's available. By contrast, the valleywide charts indicate that at least 30% of the avaialble inventory is lender owned and that almost 70% of the sales involve either lender owned properties involve short sale transactions.
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