2/14/2011 ID# 3323 Souteastern Pa, NJ, + Delaware
The Number of distressed Sales within TREND'S coverage area in 2010 remained MUCH Lower than the Nat avg. According to Stats released by NAR. 33% of all sales nationally were considered distressed, which includes bank owned Properties, or REO's + Short Sales.THAT is MORE than DOUBLE the Number of distressed sales in TREND.....Hmmmm
Of the 53,597 sales in TREND, 8,422 of them or 15.7% were considered to be either bank owned properties or Short Sales.
Counties withHIGHEST Rates of REO's in 2010 Counties with HIGHEST Rate of short Sales in 2010
Kent County DE- 16.5% Burlington County NJ - 8.9%
Phila County PA- 15.8% Mercer County NJ- 8.6%
Salem County NJ- 14.2% Camden County NJ- 8,4%
Counties with theLOWEST Rates of REO's in 2010 -- Counties with the LOWEST RATE of Short Sales in 2010
Chester County- 5.5% Berks County PA- 2.8%
BUCKS County- 6.2% Philadelphia County PA - 3.4%
Montgomery County- 6.2% Delaware County PA- 3.5%
Location Location Location! Location, Location, Location
John + Sheri Curci - Serving Philly, Bucks + Montgomery over 15 Years.... one yard at a time...
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