Listings, Pendings and Back-ups as of April1, 2011

April 4, 2011 As we start a new month, here are the numbers for the active listings, the properties currently in escrow with either pending or back-up status. I also post the ratio between the active number and the number of properties in escrow. Banning/Beaumont......List/606.......Pend/221.......Back-up/77…….Ratio/.492 Bloomington..................List/69.........Pend/57.........Back-up/16......Ratio/1.058 Colton.............................List/137........Pend/86........Back-up/35......Ratio/.883 Fontana..........................List/776.......Pend/515.......Back-up/185.....Ratio/.902 Grand Terrace...............List/27.........Pend/23.........Back-up/4........Ratio/1.000 Highland........................List/196.......Pend/105.......Back-up/40......Ratio/.740 Loma Linda...................Lisr/70.........Pend/26.........Back-up/17......Ratio/.614 Mentone........................List/32..........Pend/10.........Back-up/4........Ratio/.438 Moreno Valley...............List/898.......Pend/491.......Back-up/179.....Ratio/.746 Redlands........................List/308.......Pend/86........Back-up/62.......Ratio/.481 Rialto.............................List/341........Pend/225......Back-up/74.......Ratio/.877 Riverside.......................List/1399......Pend/732......Back-up/343......Ratio/.768 San Bernardino............List/784........Pend/432......Back-up/118......Ratio/.702 Yucaipa/Calimesa........List/242.......Pend/103.......Back-up/62.......Ratio/.682 If you were to compare these numbers with April 2010, you would see that the ratios were slightly higher. The number of active listings was lower and the pendings and back-ups were higher. Speculation has it that the first time home buyer incentive caused prospective buyers to make a buying decision more quickly. Today, these prospects are willing to take a more "look and see" attitude.