santa clara foreclosures: Santa Clara Ca Short Sale/Foreclosure Round Up
- 07/27/12 07:51 AM
In Santa Clara from Jan 1, 2012 until June 30, 2012 there were: 97 closed short sales 47 closed bank owned homes Total sales during this time period were 491 Total % Short Sales: 19.8% Total % REO Sales: 9.6% Total Percentage Santa Clara Distressed Properties: 29.4% 29.4% of all Santa Clara sales being distressed is enough to have an 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, most homes will not sell for much less than fair market value. There are (0 comments)
santa clara foreclosures: Santa Clara County Short Sale/REO Roundup
- 07/02/12 01:22 PM
It's time for the short sale/vs REO round-up for the first half of 2012. Today I will do the entire county, and then will break down the numbers by city. So, in Santa Clara County from Jan 1, 2012 until June 30, 2012 there were: 1783 closed short sales 1099 closed bank owned home Total sales during this time period were 8201 Total % Short Sales: 21.7 Total % REO Sales: 13.4% Total Percentage Santa Clara County Distressed Properties: 35.1% This is still a significant number in terms of percentages and at this percentage they are bound to have an effect on the overall (0 comments)