mountain view foreclosures: Mountain View Ca Short Sale/Foreclosure Update
- 07/27/12 07:30 AM
In Mountain View from Jan 1, 2012 until June 30, 2012 there were: 16 closed short sales 22 closed bank owned homes Total sales during this time period were 349 Total % Short Sales: 4.58% Total % REO Sales: 6 % Total Percentage Mountain View Distressed Properties: 10.58% 10.58% of all Mountain View sales being distressed is not enough to have a major effect on the overall market. Additionally, as inventory is still so low unless these homes are truly physically distressed, which is more common with bank owned homes at this level, it probably will not have much effect at all. Ther are (0 comments)
Single family and condo townhomes : Total sales: 563 Short Sales: 62 REO: 34 Distressed sales as a percentage of total sales: 17% Compare to 2010 Total sales: 572 Short Sales: 50 REO: 34 Distressed sales as a percentage of total sales: 15.5%
My conclusion: The percentage of distressed properties in Mountain View is a higher in 2011, 17% as compared to 2010, 15.5% but the majority of (0 comments)
Mountain View Ca. Short Sale and Foreclosure Update 12/4/2010 Are you waiting for a distressed property for sale in Mountain View so you can snatch a bargain, or are just curious about them? Well, there are a few of these types of sales, but not that many. Short sales, as in other places, are more common than foreclosures. Most banks are at least giving homeowners the option to try to do a loan modification or short sale before foreclosing. These options do not always work, but they are worth a try. Active Short Sale Listings: 20 Pending short sale (3 comments)