The following numbers represent the current concentration of Short Sales in Pending Sale Status versus Traditional Sales in Pending Sale Status for Walnut Creek, CA as of October 19th 2011.
Please keep in mind that this only reflects the market on the specific day quoted. Walnut Creek Short Sales can take time and may be represented over several months in this data while traditional sales close escrow in the 30-60 day range.
Additional Short Sale Information for Walnut Creek Homeowners
Short sale condo prices must be extremely affordable. You've done a nice market presentation.
Thank you Leolinda. They are but you have to make sure that financing is available in the project.
Doug,
I'm interested going forward what will happen to the short sale market, as appreciation/inflation kicks in.
Steve
I think it depends on the area. Some spots have been hit so hard it would be difficult to recover the value but with an improved job market and a bit of inflation (not too much) would go a long way.
Pretty good chunk of real e state volume in Walnut Creek! Eventually we will work our way through all of this!
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