Real estate blog entries tagged with east palo alto foreclosure by Marcy Moyer, Probate, Trust, and Investment Specialist (eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)

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east palo alto foreclosure: Open Sat/Sun 1:30-4:30 East Palo Alto Bank Owned Town Home West of 101 - 09/21/12 11:49 AM

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east palo alto foreclosure: East Palo Alto Ca. Foreclosure/Short Sale Roundup - 07/20/12 10:50 AM

In East Palo Alto from Jan 1, 2012 until June 30, 2012 there were:
36 closed short sales
20 closed bank owned homes
Total sales during this time period were 96
Total % Short Sales: 37.5%
Total % REO Sales: 20.8 %
Total Percentage East Palo Alto Distressed Properties: 60.7%
60.7% of all East Palo Alto sales being distressed is enough to still have major effect on the overall market. However, as inventory is still so low unless these homes are truly physically distressed, which is more common with bank owned homes at this level, it probably will not have a long lived effect. … (0 comments)

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