Desert Hot Springs CA Real Estate House Sales and Home Listings - Short Sales, Foreclosures and Standard Sales - September 2011 Market Report News

Desert Hot Springs Real Estate

This is a market activity report of closed house sales and active home listings in the city of Desert Hot Springs California, for September 2011.

According to the MLS (Multiple Listing Service), there were 69 closed Desert Hot Springs home sales from September 1st to September 30th, 2011.

  • 41 were Desert Hot Springs Foreclosures
  • 8 were Desert Hot Springs Short Sales / Short Pay
  • 6 were Desert Hot Springs Standard Sales
  • 14 were Desert Hot Springs Probate or "Other" Sales

And according to the MLS (Multiple Listing Service), there are 107 Desert Hot Springs active listings from September 1st to September 30th, 2011.

  • 33 are Desert Hot Springs Foreclosures
  • 24 are Desert Hot Springs Short Sales / Short Pay
  • 13 are Desert Hot Springs Standard Listings
  • 37 are Desert Hot Springs Probate or "Other" Sales

Number of Sales in Desert Hot Springs from the Past 12 Months (Chart Below)

 

 Number of Sales in Desert Hot Springs from the Past 12 Months (Chart Below)

For Desert Hot Springs Real Estate Agents Click Here

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GARRIGUSREAL ESTATE
Foreclosure Agent/REALTOR & Short Sale Specialists
SERVING SOUTHERN CALIFORNIA
Coldwell Banker Kivett-Teeters Associates

GarrigusRealEstate@yahoo.com
www.GarrigusRealEstate.net  <--- Check out our website for useful info and tools!
Devona Garrigus / DRE License # 01844441

IMPORTANT DISCLOSURE in compliance with the FEDERAL TRADE COMMISSION ("FTC") MORTGAGE ASSISTANCE RELIEF SERVICE ("MARS"): Before using this service, consider the following information - Coldwell Banker Kivett-Teeters Associates are not associated with the government and our services are not approved by the government. Seller acknowledges that the Broker/Agent is not qualified to provide financial, legal or tax advice regarding short sale transactions. Therefore, the seller is advised to obtain professional tax advice and consult independent legal counsel immediately regarding the tax implications and advisability of entering into a short sale agreement with their lender/servicer. If you stop paying your mortgage, you could lose your home and damage your credit rating.

 

3 Comments on Desert Hot Springs CA Real Estate House Sales and Home Listings - Short Sales, Foreclosures and Standard Sales - August 2011 Market News Report

OCT
03
2011
122,884 Points

Hello,

53% of active listings are distressed sales. Ouch!

Mammoth has suffered from this trend as well.

Let's keep a good thought for a quick and sustained economic recovery.

5:43pm • #1
OCT
07
2011
194,013 Points Called Shot Master

The high percentage of distressed sales in the Desert Hot Springs area has been consistent for the past three to four years.
5:56pm • #2
433,565 Points 2 Featured Posts Localism Sponsor Hit Router Called Shot Master

Look close at these numbers:

According to the MLS (Multiple Listing Service), there were 69 closed Desert Hot Springs home sales from September 1st to September 30th, 2011.

  • 41 were Desert Hot Springs Foreclosures
  • 8 were Desert Hot Springs Short Sales / Short Pay
  • 6 were Desert Hot Springs Standard Sales
  • 14 were Desert Hot Springs Probate or "Other" Sales

And according to the MLS (Multiple Listing Service), there are 107 Desert Hot Springs active listings from September 1st to September 30th, 2011.

  • 33 are Desert Hot Springs Foreclosures
  • 24 are Desert Hot Springs Short Sales / Short Pay
  • 13 are Desert Hot Springs Standard Listings
  • 37 are Desert Hot Springs Probate or "Other" Sales

Its amazing that most sold listings were foreclosures, but most new listings are a combination of foreclosures and short sales!
6:19pm • #3


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