newport beach reo market update: Newport Beach REO Market Update | June, 2013
- 07/31/13 11:22 AM
REO Property for Sale in Newport Beach | Bank Owned Homes for Sale in Newport Beach Market report for June, 2013.
The Newport Beach REO market has declined significantly. One year ago, there were 6 active listings in June , 2013. There is now 1/3 of the amount of active listings.
Newport Beach home buyers often face challenges when purchasing a bank owned property of competing with multiple offers on the properties. This is also happening right now with standard sales. Also, Newport Beach REO or bank owned home buyers are competing with cash buyers when making an offer on the home. And we are seeing a … (0 comments)
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newport beach reo market update: Newport Beach REO Homes for Sale & Market Update | May, 2013
- 06/30/13 02:15 AM
REO Property for Sale in Newport Beach | Bank Owned Homes for Sale in Newport Beach Market report for May, 2013.
Newport Beach REO home buyers often face challenges when purchasing a bank owned property of competing with multiple offers on the properties. This happens with REO property but with traditional sales as well. Especially during this time, because there is such limited inventory in general. Also, Newport Beach REO or bank owned home buyers are competing with cash buyers when making an offer on the home.
The bank owned inventory is as follows in Newport Beach: There are 2 active listings, 1 back up, … (0 comments)
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newport beach reo market update: Newport Beach REO Market Update | April, 2013
- 05/29/13 03:17 AM
REO Property for Sale in Newport Beach | Bank Owned Homes for Sale in Newport Beach Market report for April, 2013.
Newport Beach REO home buyers often face the challenge of competing with multiple offers on the properties. This is not only happening with REO property but with traditional sales as well. Especially during this time, because there is such limited inventory in general. Also, Newport Beach REO or bank owned home buyers are competing with cash buyers when making an offer on the home.
Currently there are 2 active listings, 1 back up, 2 pending and there was 4 sale in April, 2013.
The … (1 comments)
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newport beach reo market update: Newport Beach REO Market Update | February, 2013
- 03/30/13 02:34 PM
REO Property for Sale in Newport Beach | Bank Owned Homes for Sale in Newport Beach Newport Beach REO home buyers often face the challenge of competing with multiple offers on the properties. This is not only happening with REO property but with traditional sales as well. Especially during this time, because there is such limited inventory in general. Also, Newport Beach REO or bank owned home buyers are competing with cash buyers when making an offer on the home.
Currently there are 3 active listings, 1 back up, 3 pending and there was 1 sale in February, 2013.
The average sales price over the … (0 comments)
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newport beach reo market update: Newport Beach REO Market Update, August, 2012
- 09/30/12 04:04 AM
Newport Beach REO home buyers face the challenge of competing with multiple offers on the properties. This is not only happening with REO property but with traditional sales as well. Also, Newport Beach REO or bank owned home buyers are competing with cash buyers when making an offer on the home.Newport Beach currently has an inventory of REO or bank owned homes. Currently there are 7 active listings, 1 in back up status, 4 in pending status, and 4 sales.
Comparison from prior month is below.
5 active listings compared to 7 active in July, 2012 - up +21 back up listing compared to 1 back up in July, 2012 … (2 comments)
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newport beach reo market update: Newport Beach REO Market Update, May, 2012
- 06/26/12 05:37 AM
Newport Beach REO home buyers usually face the challenge of competing with multiple offers on the properties. Also, Newport Beach REO home buyers are competing with cash buyers as well.
Newport Beach currently has an inventory of REO or bank owned homes. Currently there are eight active listings, 3 in back up status, 5 in pending status, and 2 sales.
Comparison from prior month is below.
Listings are up +3 since April, 2012Back Up is is down -2 since April, 2012Pending is the same since April, 2012Sold properties are down -2 from April, 2012
Sales have declined by two per month for the last two months.
There is a low absorption rate … (3 comments)
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newport beach reo market update: Newport Beach REO Market Update | April, 2012
- 05/31/12 03:43 PM
Newport Beach REO home buyers usually face the challenge of competing with multiple offers on the properties. Also, Newport Beach REO home buyers are competing with cash buyers as well.
Newport Beach currently has an inventory of REO or bank owned homes. Currently there are five active listings, five back up, five in pending status, and four sales for the month of March, 2012.
Comparison from prior month is below.
Listings are the same since March, 2012Back Up is is up +3 since March, 2012Pending is the same since March, 2012Sold properties are down -2 from March, 2012
There is a low absorption rate of the REO property of approximately one month or … (2 comments)
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newport beach reo market update: Newport Beach REO/Bank Owned Market Update - March, 2012
- 04/05/12 03:05 PM
Searching for a Newport Beach bank owned property?
Newport Beach REO home buyers usually face the challenge of competing with multiple offers on the properties. Also, Newport Beach REO home buyers are competing with cash buyers as well.
Newport Beach currently has an inventory of REO or bank owned homes. Currently there are five active listings, two back up, five in pending status, and two sales for the month of March, 2012.
Comparison from prior month is below.
Listings are up +1 since February, 2012Back Up is down -1 from February, 2012Pending is up +1 from February, 2012Sold properties are down -2 from February, 2012
There is a low absorption rate of … (3 comments)
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newport beach reo market update: Newport Beach REO/Bank Owned Market Update | February, 2012
- 03/31/12 03:51 AM
Newport Beach REO home buyers usually face the challenge of competing with multiple offers on the properties. Also, Newport Beach REO home buyers are competing with cash buyers as well.
Newport Beach currently has an inventory of REO or bank owned homes. Currently, there are 4 active listings, 3 back up, 4 pending and there were 4 sales in February, 2012.
Listings are down -3 since January, 2012Back Up is up +1 from January, 2012Pending is up +2 from January, 2012Sold properties are down -5 from January, 2012
There is a low absorption rate of the REO property of approximately one month or less. These properties move quickly as buyer’s perceive them as the best … (5 comments)
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newport beach reo market update: Newport Beach REO/Bank Owned Market Update - December, 2011
- 01/30/12 03:22 AM
Newport Beach REO home buyers usually face the challenge of competing with multiple offers on the properties. Also, Newport Beach REO home buyers are competing with cash buyers as well.
Newport Beach currently has an inventory of REO or bank owned homes. Currently, there is one active listings, four in back up, four pending, and there have been six sales Newport Beach bank owned sales in December, 2011.
Listings are down -4 since November, 2011Back Up is the same since November, 2011Pending is the same since November, 2011Solds are up +2 since November, 2011
There has been a total of 55 REO sales in Newport Beach in 2011, compared to 61 REO sales in 2010.
There … (4 comments)
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newport beach reo market update: Newport Beach REO/Bank Owned Market Update - August, 2011
- 08/28/11 03:23 AM
Newport Beach REO Market Update for August, 2011
Newport Beach REO home buyers usually face the challenge of competing with multiple offers on the properties. Newport Beach REO home buyers are competing with cash buyers as well. Newport Beach has an inventory of 15 bank owned homes or REO. There are 15 active listings in all of Newport Beach, there are three in back up, and there are five pending sales in Newport Beach. There were no Newport Beach REO sales during the month of August, 2011. That number is down from the same period last year - August 1, … (0 comments)
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newport beach reo market update: Newport Beach REO/Bank Owned Market Update - July - 2011
- 08/03/11 11:15 AM
July, 2011
Newport Beach REO home buyers usually face the challenge of competing with multiple offers on the properties. Also, Newport Beach REO home buyers are competing with cash buyers as well. Newport Beach has an inventory of bank owned homes or REO. Currently there are 15 active listings in all of Newport Beach, there are three in pending, and there have been three Newport Beach bank owned sales in June, 2011. The number of sales is up from the same period last year. In June, 2010, there were six sales in July, 2011. During the same time period last … (2 comments)
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REO Property for Sale in Newport Beach | Bank Owned Homes for Sale in Newport Beach Market report for June, 2013.
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