REO (BANK OWNED) SALES DATA FOR EL DORADO HILLS, CA MAY-2010 - 06/23/10 05:56 PM
El Dorado Hills, CA REO (BANK OWNED) SALES DATA FOR May 2010
This is a continuation of my three year monthly report on Bank Owned home sales data for El Dorado Hills, CA.  This report covers Bank Owned homes sold in May 2010.
There were 15 Bank Owned homes sold in May, down 29% from April.  This depleted the available inventory which presently stands at 1.35 months.  The inventory of all available homes in El Dorado Hills is presently only 3.4 months.  It had been 8.9 months in March of 2009.  Six months is considered a neutral market, so we are … (0 comments)

REO (BANK OWNED HOME) SALES DATA FOR FOLSOM, CA MAY 2010 - 06/23/10 05:52 PM
Folsom, CA REO (BANK OWNED) SALES DATA FOR May 2010
This is a continuation of a three year study of Bank Owned home sales data for Folsom, CA.  This report covers REO homes sold in May 2010.
There were 17 REO homes sold in March, up from 13 in April.  The days-on-market decreased to 45, down from 53 the previous month.  Only one of these homes had been on the market for over 100 days.   In May 30% of the bank owned homes sold in two weeks or less.   
The 17 homes sold represent 20% of all homes sold in … (0 comments)

National Mortgage Delinquencies For THe Fourth Quarter Of 2009 - 06/04/10 01:45 PM
NATIONAL MORTGAGE DELINQUENCIES FOR THE 4th QUARTER OF 2009
The Mortgage Banker's Association has released the National Mortgage Delinquency statistics for the forth quarter of 2009.  As expected, the numbers continue to raise.  The following chart prepared by the Distressed Property Institute reveals these statistics.  They break them down by type of mortgage and status within the foreclosure process. 
The first stage is when the loan is in default, meaning that the loan payment is more than 30 days late.  The  second stage is in Foreclosure, meaning that the bank has taken the property back and they now own the property.
The … (1 comments)

 
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Mike West -El Dorado Hills, CA CDPE, CNE, Licensed Loan Originator

El Dorado Hills, CA

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Heritage Oak Properties

Address: P.O. Box 5571, El Dorado Hills, CA, 95762

Office Phone: (916) 337-0658

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