What's really happening to single family homes for sale in Eugene, Oregon's
FERRY STREET BRIDGE
RMLS market area?
RMLS market area?
Just how big a factor are distressed properties?
How much of the current real estate market
(closed sales and available inventory)
is made up of Bank-Owned (i.e. foreclosed) homes for sale?
How many real estate listings are Short Sales?
How many are good-old, true-blue Regular Sales?
is made up of Bank-Owned (i.e. foreclosed) homes for sale?
How many real estate listings are Short Sales?
How many are good-old, true-blue Regular Sales?
How much of the "active" inventory is really made up of those confusing "submitted" Short Sales - those that are truly pending but hiding amidst the officially-reported "active" inventory? Those that have been submitted to the underlying lender for short-sale approval....and which are, for most purposes, not really available for sale?
Here is the hard data from the Regional Multiple Listing Service:
Here are the Closed Sales numbers for the last many months for the
FERRY STREET BRDIGE
RMLS Market Area
RMLS Market Area
Here's what's reported as active:
Here's what's really active:
Currently, FERRY STREET BRIDGE has:
a 9.8 -month inventory available homes for sale overall
a 9.6-month inventory of Regular Listings
a 0.9-month inventory of Bank-Owned Listings
a 17.9-month inventory of Short Sale Listings.
a 9.6-month inventory of Regular Listings
a 0.9-month inventory of Bank-Owned Listings
a 17.9-month inventory of Short Sale Listings.
Watch this space for a similar real estate report next month.
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