Where Is The HUD Homes Capital Of Central Ohio?
There were no new HUD listings this week. It appears that NHMS is still selling off the old inventory, and the new asset managers did not complete the transition yet. NHMS will accept bids on their current listings till 10/13/10 and after that, these HUD Homes will be pulled off the market and re-assigned to the new asset management companies.
Our subscribers received an up-to-date map, that shows which HUD homes are still available. Only 16 HUD houses sold during the past 7 days. However, I got quite a few calls in the past few days - it appears that activity is picking up again.
In the meantime, I analyzed HUD homes sales between March and September 2010. During that 6-month period HUD sold exactly 801 homes in Central Ohio at an average price of $75,087.
You probably wonder which ZIP codes and suburbs saw the most action.
Here are the details. This graph is sorted by number of HUD homes sold in a specific suburb or zip code.
You have only 2 more weeks to bid on these HUD homes. After October 13 the remaining homes will be relisted and sold by the new guidelines.
Why don't you give me a call today at (614) 975-9650. I don't want you to miss this opportunity!
Thanks for reading our Columbus HUD Homes Blog
Posted by: Susanne Novak, ABR, FIS, GRI
Columbus Realtors specializing in
HUD Homes, Shortsales, Investment Real Estate
(614) 975-9650 www.ColumbusOhioHUDHomes.com
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