Are you finding homes that can actually be purchased becoming more than just a chore. I represent several buyers who are having quite the time finding a home, they can actually purchase.
More than curious about market statistics, I decided to conduct a little research and selected the Oceanside, CA 92054 market for homes listed under $500K.
The total number of detached homes currently Active/For Sale in Oceanside under $500K is 108, of which:
- Bank Owned - 23
- Short Sales - 55
- Market Sales - 30
The total number of detached homes currently In Escrow/Pending sale in Oceanside under $500K is 47, of which:
- Bank Owned - 20
- Short Sales - 15
- Market Sales - 12
The bank owned properties seem to be the most sellable properties in this price range, followed by the private or market sales. Bringing up the rear are short sales.
This proves further that agents and sellers of short sales need to take the necessary steps to market their listings properly, as I wrote about in my earler blog "If you clean it they will come."
The good news is, there are plenty of qualified buyers and investors out there, who are looking for homes they can actually purchase. Doesn't it make more dollars and sense to do your "HOME WORK?"
I welcome your comments and questions.
Click here to see all properties in San Diego for Sale.
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