Single Family Residential
Active: SBC-148 of which REO/Bank Owned-22 or 15%
HO-78 of which REO/Bank Owned-16 or 21%
Pending: SBC-238 of which REO/Bank Owned-68 or 29%
HO-197 of which REO/Bank Owned-54 or 27%
Absorption Rate: SBC-.62
HO-.40 months supply of inventory
Solds for the week: 12
High: $485,000 REO/Bank Owned, New Conv 1st
Low: $135,000 REO/Bank Owned, All Cash
Full-Price/Over-Asking: 8 or 67%
REO/Bank Owned: 8 or 67%
Short Sale: 2 or 17%
Equity Sale: 2 or 17%
New Conv 1st: 6 or 50%
FHA: 4 or 33%
All Cash: 2 or 17%
Last week Tammy and I both got our CDPE credential.
CDPE ~ Certified Distressed Property Expert. We are the only 2 agents in San Benito County with this designation which makes us uniquely qualified to help distressed homeowners in need of a short sale. CDPE’s close 8 out of 10 short sales while the average agent closes 1 in 10.
If you know of someone in need of our services we’d be happy to help them out. With luck we can match short sale homeowners with buyers we are working with and everyone wins!