What a busy week we had last week…here are the stats:
Single Family Residential
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Active:
San Benito County-143 of which REO/Bank Owned-22 or 15%
Hollister-82 of which REO/Bank Owned-14 or 17%
Pending:
San Benito County-207 of which REO/Bank Owned-47 or 23%
Hollister-172 of which REO/Bank Owned-39 or 23%
Absorption Rate:
San Benito County-.69 months supply of inventory or 21 Days
Hollister-.48 months supply of inventory or 14 Days
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Solds for the week: 17
High: $1,225,000 Equity Sale, New Conv. 1st
Low: $79,900 REO/Bank Owned, All CASH
Full-Price or Over-Asking: 7 or 41%
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Sale Type
REO/Bank Owned: 11 or 65%
Short Sale: 1 or 6%
Equity Sale: 5 or 29%
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Financing Type
New Conv. 1st: 9 or 52%
FHA Loan: 4 or 24%
All CASH: 4 or 24%
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And a personal note… earlier this month I had some dear friends of mine who lost their home to foreclosure. Sadly they took the advice of a family member and were scammed. By the time they realized it, they had lost their home.
Please…if you or anyone you know is in this situation..there are options and I am here to help. My advice and guidance is at no charge.