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foreclosures: Foreclosures are Selling Fast (in case you didn't know) - 08/10/09 01:44 PM
Foreclosure bargains are disappearing...Some houses go under contract less than 90 minutes after they're put on the market, says the founder of Foreclosure.com http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=221235 Here in Lake City, FL similar case as well.... 41 home listings in Columbia county, Lake City FL are Bank, Foreclosure, or Short Sales, That is out of 433 total home listings... Only 10% of the listings... 164 homes sold this year in the county... 58 of those were Bank owned, Foreclosures, or Short Sales... Again roughly 30% of the market is this... Chad.
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foreclosures: Short Sale & Foreclosure Report for Lake City, FL - 06/13/09 04:38 PM
Lake City, FL is definitely experiencing more short sales, foreclosures, & over REO or Bank owned properties & home sales than even just 1 year ago. Although we still do not seem to be even close to south Florida in terms of a REO dominated market to the levels of a 80-90% range. Locally we are at about 30% of our home sale business is Foreclosures & Short Sales. 152 residential properties sold YTD Jan thru June 13th 2009 in my north FL county (Columbia Count) "rural FL" 49 of those were REO, Foreclosure, Shortsales or approximatly 30% of
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Chad Stewart
Lake City,
FL
More about me
Rockford Realty Group
Address: 496 SW Ring Ct, Lake City, FL, 32025
Office Phone: (386) 867-1782
Cell Phone: (386) 867-1782
Email Me
Chad Stewart is a Real Estate Pro in Lake City, FL. This blog is about real estate in Lake City, FL & also a few Tech tips
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