The good news:
– Inventory in SLO County decreased for the first time in months.
– The percentage of distressed homes decreased in August to 37% from 40% in July.
The not so good news:
– Inventory is still high.
– 37% of homes sold were distressed.
– August was a slow month. The number of homes sold per month continues to decrease.
Some graphs. All SLO County sold homes.