Warren County Ohio Foreclosure Update: Scheduled Sheriff's Sales through 7/18/2011
The latest numbers continue to demonstrate a stable foreclosure market for Warren County, although there is a SLIGHT upward trend over the most recent scheduled foreclosure groups. Three additional weeks of homes scheduled for foreclosure since the last update, with no weeks above 32. These numbers include a few smaller builders. We consider it a good sign that this segment is maintaining a low portion of the market.
The chart details the number of scheduled sheriff's sales PLANNED by week for Warren County Ohio and represents a wide range of locations and price ranges throughout the county. The numbers include builders and property rental owners being foreclosed, not just private individuals occupying the homes. The data source is the Warren County Sheriff's website.
Click HERE for additional details to access the official list from the Warren County Sheriff's website.
On May 18th, Cincinnati MLS currently lists 1716 homes for sale and not under contract in Warren County. Of those 1716, ONLY 87 are government/bank owned (5.07%). There are also a limited number of short sale opportunities, only 22 are MARKED Seller's Lender Approval required, although there are additional homes listed as short sale candidates in the marketing remarks. The distressed home categories range in price from $8,000 all the way to $2.2 MILLION dollars! Overall, well less than 7% of Warren County's homes for sale are clearly classified as distressed property.
DISCLAIMER: There may be additional homes offered for sale in ONLY the Dayton MLS that might include additional foreclosed homes and short sale candidates. When working with buyers for Warren County, we use BOTH Cincinnati and Dayton MLS to ensure our buyers have visibility to ALL MLS listed homes.
If you have questions regarding these sales, or other real estate related questions,
please don't hesitate to contact us!
Serving Your Warren County Residential Real Estate Needs,
Bill & Liz aka BLiz
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