I had been hearing some people say that it seems like all the properties for sale these days are Short Sales. So, I 
checked to see how many homes sold during the last 4 months, and what type of transactions they were.
Here is the breakdown of the 330 homes that sold in Whittier from April 1, 2011 to June 30, 2011:
| Flip | 4 | 1.21% |
| In Foreclosure Process | 1 | 0.30% |
| NOD | 5 | 1.52% |
| HUD Owned | 3 | 0.91% |
| Probate | 6 | 1.82% |
| REO | 87 | 26.36% |
| Short Sale | 70 | 21.21% |
| Standard | 154 | 46.67% |
| 330 | 100.00% |
Standard sales were the largest of any sale type, with nearly 47 percent of all sales.
However, REO and Short Sales combined to make up the distressed property category at almost 48%.
-- Blog End --
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About the author: The above article was provided by Rob Willis, a locally recognized Realtor®.
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I help home owners in the following towns in the greater Whittier area: La Habra, La Habra Heights, La Mirada, Norwalk, Santa Fe Springs, Covina and West Covina.
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