October 2012 Market Report - Short Sale Houses in Loveland CO

By
Real Estate Broker/Owner with New Paradigm Partners LLC EB #1326335

This is the October 2012 Market Segment Report for Short Sale Houses in Loveland CO.

Buying a short sale home can be a difficult and trying undertaking and isn't for everyone - they typically take quite a bit of time to close and there is a high degree of uncertainty throughout. But for a buyer who has plenty of time and is looking for a good bargain, it can be worth the effort. If you think that you might be interested in one of these opportunities, check out Short Sale Houses in Loveland CO - you might find something interesting.

October 2012 - Short Sale Houses in Loveland CO

Loveland CO currently has a limited inventory of available Short Sale Houses, with only 39 listings on the market, ranging in price from $65,000 to $929,900, offering a small range of choice in location, size and style.

Short Sale Houses in Loveland CO have performed reasonably well thus far in 2012, considering their overall small share of the market – there have been 64 sales, with prices ranging between $63,000 to $761,500, a median price of $181,250, and an average price of $228,846. Average days to get an offer for the homes that sold has been 103 days, with an average days on the market of 171. These 64 homes sold for an average of 95.9% of listing price.

Since the inventory of short sale homes changes frequently, if you would like to track this market segment, we'll can set up an on-going search especially for you, with your own customized web site - you'll be notified as soon as new listings are posted. Buying a Short Sale House is a unique process - we have the expertise to help you through it. Give us a call and we'll explain how it works, and if you’d like to see any of these homes, we’d be happy to show them to you.

Posted by
Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

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Rainmaker
147,722
Dana Basiliere
Coldwell Banker Hickok & Boardman Realty - Burlington, VT
Making deals "Happen"

Dick and Mary,

I am glad we don't have that many short sales here. I have done a few and they have been very long tedious treks. Every local needs an agency that can do a solid job with them.

October 31, 2012 06:32 AM #1
Rainmaker
975,981
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Pasadena Real Estate Representation 818.516.4393

Hi Dick - patience is definitely a key word when purchasing or selling a short sale property.   It appears in Loveland CO the number of this segment of the distressed sale market may be decreasing so it remains very important to choose your real estate representation wisely and Fort Collins, Loveland and beyond that would be Mary and Dick Greenberg.   

October 31, 2012 07:28 AM #2
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Dana & Michael - We're fortunate that this market segment has never dominated our market as it has in other areas. Thanks for your comments this morning.

October 31, 2012 07:53 AM #3
Rainmaker
496,594
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

Perfect time to pick up a short sale and do a flip.  Nice price points.

October 31, 2012 07:56 AM #4
Rainmaker
1,008,344
Belinda Spillman
Aspen Lane Real Estate LLC - Aurora, CO
Your Real Estate Resource For Life!

Hi Dick,  We have been seeing a decline (thankfully) in short sales here in the city.  I don't love them even a little bit!!!

October 31, 2012 08:47 AM #5
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Jerry Newman
Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

It takes a buyer with a lot of patience to purchase a Short Sale. I came very close to completing one on the selling side once. With your limited inventory of Short Sales, you may start to see multiple offers.

October 31, 2012 08:54 AM #6
Rainmaker
360,327
Cathy Bureau
www.GreenHomeRealty.com - Austin, TX
Your Personal Real Estate Concierge

So glad to see you are staying true to yourself - blogging market reports. While I'm perfectly capable of doing this I just find myself gravitating to events instead, if I have time to blog. Short sales - we're seeing less and less here which makes me very happy, no fun at all.

Happy Halloween!!

October 31, 2012 09:00 AM #7
Rainmaker
1,053,445
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Good Evening Dick, It is nice to see short sale listings declining. Another nice report.  Have a great night and Happy Halloween

October 31, 2012 05:27 PM #8
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Dick Greenberg

Northern Colorado Residential Real Estate
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