Even on our beautiful central coast- REO’s are beginning to crop up.
There are now 10 active listings on the central coast that are REO’s.
2 in Los Osos, 2 in Grover Beach , 2 in Arroyo Grande, 2 in San Luis Obispo , 1 in Morro Bay and 1 in Cambria.
There is one REO in escrow at this time- it is located in Los Osos.
There have been 15 sales this year that are REO’s. 9 in Arroyo Grande, 2 in Morro Bay, 2 in Los Osos, 1 in San Luis Obispo and 1 in Grover Beach.