Sunnyvale CA Foreclosure/Short Sale Roundup

By
Real Estate Agent with Keller Williams Realty Palo Alto Probate & Trust Specialist B.R.E. 01191194
http://actvra.in/DWr

 

In Sunnyvale from Jan 1, 2012 until June 30, 2012 there were:

58 closed short sales

32 closed bank owned homes

Total sales during this time period were 447

Total % Short Sales: 12.9%

Total % REO Sales: 7.1%

Total Percentage  Sunnyvale Distressed Properties: 20%

20% of all Sunnyvale sales being distressed is enough to still have some effect on the overall market. However, as inventory is still so low unless these homes are truly physically distressed, which is more common with bank owned homes at this level, it probably will not have a long lived effect. It is interesting to see there are almost twice as many short sales as bank owned sales.

If you have any questions about short sales or foreclosures in Santa Clara County please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

650-619-9285

DRE  01191194

Posted by

Marcy Moyer Keller Williams Realty Palo Alto, Ca. Specialist in Short Sales and Trust and Probate Sales

 

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Topic:
ActiveRain Community
Location:
California Santa Clara County Sunnyvale
Groups:
Market Reports
Short Sales Specialists
Certified Distressed Property Expert
Posts to Localism
REO REALTORS
Tags:
santa clara short sale
sunnyvale reo
sunnyvale foreclosures
sunnyvale bank owned homes
sunnyvale short sale specialist
sunnyvale short sales

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