I was searching for active bank-owned condo listings in Laguna Niguel last week, and only came up with 10 active listings. I revised the search to include pending listings (listings in escrow) and came up with the 10 active and 31 pendings! That is quite a statistic. Those pending listings must have all gone into escrow withing the last 3 to 4 weeks. Many had been on the market less than 2 weeks and some just a few days.