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Could this be the reducing shadow inventories we’ve been hearing about lately??

South San Jose had a decline in inventory but the total homes in foreclosure has risen or remained unchanged as in all of my reporting areas…. Could this be the reducing shadow inventories we’ve been hearing about lately?? Some current numbers for the South San Jose area (95121,95122)... once again, it's our interpretation of what the market is really doing and where it's heading.

More Real Estate and Less Hype

  • 24 Single family homes currently listed as bank owned
  • 214 Single family homes currently listed as short sales
  • 33 Single family homes are currently overpriced
  • 63 Single family homes sold in the past 90 days
  • 251 Single family homes in escrow (182 short sales)
  • 329 Single family homes listed for sale
  • 438 Total homes in foreclosure (95121,95122)
  • $357,000 Median sale price for single family homes in past 90 days
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Patrick Virgilio, Broker Associate, Cal BRE# 01305252

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 *I am a Realtor®, qualified to provide you with Real Estate advice; any and all  information I have provided should not be construed as Legal or Tax advice.

                                           

The information contained in this blog is believed to be reliable and while every effort is made to assure that the information is as accurate as possible, the author of this blog, and its comments disclaim any implied warranty or representation about it's accuracy, completeness or appropriateness for any particular purpose. All information is copywritten and the property of Pat Virgilio. 

Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

patrick - I guess it is safe to say that nobody knows for sure, at least for now

Sep 30, 2011 04:17 PM
Mark Delgado
houses for rent, Solano County & Glen Cove - Benicia, CA
Benicia and Vallejo, Property Management, rental h
Your efforts to corral and present information are laudable. If only we could with certainty read what the information is telling us about future trends...
Sep 30, 2011 04:20 PM