santa clara reo: Santa Clara County: 2012 Short Sale and Foreclosure Roundup - 12/26/12 09:19 AM
As the year comes to a close you may be wondering what the foreclosure and short sale market looks like in Santa Clara County. In a word, things are pretty quiet. The numbers of sales are down. Here is what it looks like:

Closed sales from June 1,2012 to Dec 26, 2012:  
 
Bank owned: 579
Short Sales: 1743
 
Compared to the first 6 months of 2012:
 
Bank owned: 978
Short sales: 1603
 
Current Active Sales:
Bank Owned:  33
Short Sales: 76
 
Current Pending Sales:
Bank Owned: 54
Short Sales: 1044
 
As you can … (0 comments)

santa clara reo: 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 reo: 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)

santa clara reo: Santa Clara Distressed Property Watch 2011 - 01/22/12 03:25 PM
It's the beginning of the year so time for the round-up of last year's distressed property sales in Santa Clara. So here's what happened:
 
Single family and condo townhomes :
Total sales:  816
Short Sales: 184
REO:            116
Distressed sales as a percentage of total sales: 37%
Compare to 2010
Total sales:   818
Short Sales:   162
REO:            133
Distressed sales as a percentage of total sales:  36%
 
My conclusion:
The percentage of distressed properties in Santa Clara is virtually the same  between 2011 and 2010. Also a 36% distressed property … (1 comments)

 
Marcy Moyer, Probate, Trust, and Investment Specialist (eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)

Marcy Moyer

Probate, Trust, and Investment Specialist

Mountain View, CA

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eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales

Address: 455 West Evelyn Avenue, Ste 1101, Mountain View, Ca, 94041

Office: (650) 619-9285

Mobile: (650) 619-9285

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Up to date information on real estate in the Silicon Valley and greater San Jose/San Francisco area.
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Marcy Moyer
Call: (650) 619-9285

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