Short Sales Riverside CA
Short sales in Riverside CA are not going away any time soon. Some buyers have been trying to avoid them, but they make up a big part of the houses for sale right now. So it is hard for buyers to avoid them. There is some good news - more short sales are actually successfully closing. We have a short sale with Chase Bank closing in two days. We have been working on this for eight months.
I just did some checking and pulled current statistics from the multiple listing service (as of 3/29/2010):
Active Short Sales in Riverside CA
- 477 listings for short sales for sale (condos and single family homes)
- $850,000 is the highest price short sale right now
- 698 pending short sale listings (condos and single family homes)
Closed Short Sales in Riverside CA
- 187 short sales closed (sold) in Riverside in the last 60 days
- Average list price = $207,903
- Average sold price = $217,647
- 704 total closed listings sold in the last 60 days
- Average list price = $316,638
- Average sold price = $316,921
Are you experiencing financial hardship, and owe more than the value of your Riverside or Corona home? Don't go into foreclosure. You may want to consider a short sale. Short sales are often a better option that foreclosure. Pedersen Real Estate can guide you through the process of a short sale, market and help find a buyer for your home, and work with your lender to negotiate a short sale on your home. The best part is that our services in a short sale are at no cost to you! ALL traditional sellers closing costs, including the real estate brokerage fees are paid for by your lender! Call me for a consultation today.
Call me if you are thinking of buying or selling a house in Riverside or Corona CA. My number is 951-840-5212 or contact me by e-mail at vicki@pedersen-team.com or go to my website, Pedersen-Team.com
Written and posted by: Vicki Pedersen, ABR, Pedersen Real Estate, Riverside/Corona, California, DRE# 01435715
Copyright © 2010 by Vicki Pedersen, All Rights Reserved.*Short Sales Riverside CA*
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