Walnut Creek Short Sales Snapshot as of February 26th 2012

By
Real Estate Broker/Owner with Executive Brokers Real Estate Group
http://actvra.in/v9T

The following chart represents the current concentration of Short Sales in Pending Sale Status versus Traditional Sales in Pending Sale Status for Walnut Creek, CA as of February 26th 2012. The percentage of pending short sales dropped dramatically from the January Report. The difference in the ratio of pending and active status is the additional time required to get short sales all the way through close of escrow. Every short sale is different and some take much longer than others.

Walnut Creek Real Estate - Short Sales

Please keep in mind that this only reflects the market on the specific day quoted.  Walnut Creek Short Sales can take time and may be represented over several months in this data while traditional sales close escrow in the 30-60 day range. 

Additional Short Sale Information for Walnut Creek Homeowners

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Any statistics were compiled from Public Records and other industry sources and are deemed reliable but not guaranteed. Any square footage quoted is approximate and requires buyer verification. It is illegal to discriminate against any person because of race, color, religion, sex, handicap, family status or national origin.

 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Gene Riemenschneider 02/26/2012 10:00 PM
Topic:
Real Estate Market Trends
Location:
California Contra Costa County Walnut Creek
Groups:
Realestateandfunding
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Tags:
walnut creek foreclosure alternatives
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walnut creek short sales

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Rainmaker
1,286,370
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

Doug those are some interesting numbers.  The short sales are starting to dominate the market more and more.

Feb 26, 2012 09:52 PM #1
Rainmaker
943,684
Lottie Kendall
Today | Sotheby's International Realty - San Carlos, CA
Serving San Mateo County and San Francisco

I didn't realize Walnut Creek has as many short sales as it does. Thanks for the info.

Feb 27, 2012 07:59 AM #2
Rainmaker
383,984
Doug Anderson
Executive Brokers Real Estate Group - Danville, CA
Doug Anderson's Bay Area Real Estate Views

They are going to be around for a while but there are lots of homes currently listed which are not short sales.

Feb 27, 2012 10:22 AM #3
Rainmaker
693,071
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Doug - Anyone interested in Walnut Creek short sales will find your report very helpful.  It's packed with great information.  Nicely done!

Feb 28, 2012 09:08 PM #4
Rainmaker
383,984
Doug Anderson
Executive Brokers Real Estate Group - Danville, CA
Doug Anderson's Bay Area Real Estate Views

Thank you very much Laura.

Feb 29, 2012 04:53 PM #5
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Rainmaker
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Doug Anderson

Doug Anderson's Bay Area Real Estate Views
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