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Bend, Oregon Foreclosures & Short Sales Report ~ March '09

By
Managing Real Estate Broker with The Lowes Group 200410321

Active Residential Listing Report ~ April 2, 2009

 

                                                  BEND                 REDMOND                 SISTERS                  PRINEVILLE


Total Active Res. Listings -         1,719                       729                        179                           345

Current Res. Short Sales -            386 (22%)            165 (23%)               13 (7%)                    39 (11%)

Current Res. Bank Owned -          183 (11%)            101 (14%)                5 (3%)                     33 (10%)

I will be compiling this report monthly in hopes of identifying the bottom of our Central Oregon market. With almost 35% of the Bend, Oregon active residential listings being short sales and foreclosures it looks like we have a ways to go.  Until these numbers decrease significantly I predict Central Oregon home prices to remain soft.  

For a list of Bend, Oregon foreclosures or other Central Oregon Foreclosures click here.

Troy Batson is a Licensed Broker in the State of Oregon ~ troybatson.com ~ Duke Warner Realty ~ Bend, Oregon

Anonymous
Dave Woodland

Hey Troy - good info.

Do you know what the percentage of CLOSED transactions that were Short Sales and Bank-Owned for March? and February?

Keep up the good work!  Call me if you want excellent lender servcies.

Dave Woodland   541 318 0888

Apr 18, 2009 06:44 AM
#1
Paul Gapski
Berkshire Hathaway / Prudential Ca Realty - El Cajon, CA
619-504-8999,#1 Resource SD Relo

yes they look so nice but Foreclosures are such tough on to stomach.

Sep 17, 2011 05:50 PM