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Home : Blogs : Marcy Moyer C.D.P.E. : Marcy's Blog

Mountain View Distressed Property Watch 2011

It's the end of the year so time for the round-up of distressed property sales in Mountain View. So here's what happened:

Single family and condo townhomes :

Total sales: 563

Short Sales: 62

REO: 34

Distressed sales as a percentage of total sales: 17%

Compare to 2010

Total sales: 572

Short Sales: 50

REO: 34

Distressed sales as a percentage of total sales: 15.5%

My conclusion:

The percentage of distressed properties in Mountain View is a higher in 2011, 17% as compared to 2010, 15.5% but the majority of these distressed properties are in the lower price range of Mountain View sales so are being purchased by investors and first time home buyers. West of El Camino is not seeing much distressed property activity.

If you have any questions about short sales or bank owned homes please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

650-619-9285

D.R.E. 01191194

Marcy Moyer Keller Williams Realty Palo Alto, Ca. Specialist in Short Sales and Trust and Probate Sales

Posted by Marcy Moyer C.D.P.E. on 01/08/2012 11:09 PM

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Short Sales in the ActiveRain Channel

mountain view short sale specialist, mountain view foreclosures, mountain view bank owned, mountain view reo, silicon valley short sale

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This post has been included in California Real Estate News Santa Clara County, CA Real Estate News Mountain View, CA Real Estate News
Post is included in group: Certified Distressed Property Expert
Post is included in group: Market Reports
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Marcy Moyer C.D.P.E.

Palo Alto, CA

More about me…

Keller Williams Realty Palo Alto Probate & Trust Specialist

Address: 505 Hamilton Ave Ste 100, Palo Alto, Ca, 94301

Office Phone: (650) 619-9285

Cell Phone: (650) 619-9285

Email Me

Up to date information on real estate in the Silicon Valley and greater San Jose/San Francisco area.

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Mountain View Distressed Property Watch 2011