Stanislaus County Short Sales - June 2011 Sales Stats
The sales numbers are in for Stanislaus County Sales for the month of June 2011. While sales are down from last year, houses are still selling in Stanislaus County and Distressed properties (Bank owned and Short Sales) are still dominating the market.
Here are the June 2010 and June 2011 Sales Stats.
Total Sales June 2011: 611 sold * 49% (302) Bank Owned * 21% (131) Short Sales
Total Sales April 2010: 717 sold * 44% (315) Bank Owned * 28% (206) Short Sales
So while the total number of homes sold in June 2011 declined from June 2010 the percentage of Distressed Properties pretty much remained the same. Stanislaus County Short Sales and Bank Owned homes are not going away any time soon.
With 7 out of 10 single family home sales in Stanislaus County being distressed sales if you are thinking about buying you need an agent that has experience with Distressed Properties. A Stanislaus County Short Sale transaction and a Stanislaus County Bank Owned home sale are not the same thing. You need someone that is experienced with both. Someone that has experienced both short sales and bank owned sales from both sides of the transaction, as the listing agent and as the buyers agent. Some one that knows how to negotiate through the process from beginning to end.
I have that experience. I have represented the banks in listing Bank Owned homes and represented buyers of bank owned homes. I have represented the sellers of Stanislaus County Short Sales and represented buyers of Stanislaus County Short Sales.
If you want more information on Stanislaus County Short Sales as a BUYER or a SELLER let me know.