I’ve been looking into the possibility of publishing a list of bank owned properties in the Sacramento area.  It’s not a difficult task, since I have most of the data in the database that feeds our condo listings and SacramentoHomeShopper.com’s listings by zip code.  In fact, arguably it’s easier than displaying “regular” listings, since Metrolist’s export facility becomes brain-dead after a certain number of listings, but it should handle the number of REOs in a walk.

Judging from August’s real estate market update, Sacramento County buyers are favoring the bank owned properties, and with good reason — the discounts are fairly substantial.

To whet your appetite while we put this together, we should have a report on the top thirty or so zip codes in the county for foreclosure listings — coming soon to a Sacramento real estate blog near you.

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