Monday, February 8, 2010 Add a comment
http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1079262
Click on the link above. I’m glad the guys at TBWS Daily picked up this story. It will make blood shoot out of your eyes!
Saturday, February 6, 2010 Add a comment
Single Family Residential
____________________________________________________________
Actives:
San Benito County-144 of which REO/Bank Owned-23 or 16%
Hollister-82 of which REO/Bank Owned-16 or 20%
Pendings:
San Benito County-209 of which REO/Bank Owned-50 or 24%
Hollister-176 of which REO/Bank Owned-39 or 22%
Absorption Rate:
San Benito County-.69 months supply or 20 Days
Hollister-.47 months supply or 14 Days
____________________________________________________________
Solds for the week: 9
High-$600,000 REO/Bank Owned, New Conv. 1st
Low- $150,000 REO/Bank Owned, New Conv. 1st
Full-Price or Over-Asking-7 or 78%
____________________________________________________________
Sale Type
REO/Bank Owned-7 or 78%
Equity Sale-2 or 22%
Short Sale-none
____________________________________________________________
Financing Type
New Conv. 1st-2 or 22%
FHA Loan-2 or 22%
USDA Loan-2 or 22%
All CASH-3 or 33%
____________________________________________________________
Saturday, January 30, 2010 Add a comment
Single Family Residential
____________________________________________________________
Active:
San Benito County-143 of which REO/Bank Owned-22 or 15%
Hollister-82 of which REO/Bank Owned-14 or 17%
Pending:
San Benito County-207 of which REO/Bank Owned-47 or 23%
Hollister-172 of which REO/Bank Owned-39 or 23%
Absorption Rate:
San Benito County-.69 months supply of inventory or 21 Days
Hollister-.48 months supply of inventory or 14 Days
____________________________________________________________
Solds for the week: 17
High: $1,225,000 Equity Sale, New Conv. 1st
Low: $79,900 REO/Bank Owned, All CASH
Full-Price or Over-Asking: 7 or 41%
____________________________________________________________
Sale Type
REO/Bank Owned: 11 or 65%
Short Sale: 1 or 6%
Equity Sale: 5 or 29%
____________________________________________________________
Financing Type
New Conv. 1st: 9 or 52%
FHA Loan: 4 or 24%
All CASH: 4 or 24%
____________________________________________________________
Wow! A big week for closings….
Saturday, January 23, 2010 Add a comment
Single Family Residential
____________________________________________________________
Active:
San Benito County-133 of which REO/Bank Owned-18 or 14%
Hollister-73 of which REO/Bank Owned-11 or 15%
Pending:
San Benito County-216 of which REO/Bank Owned-52 or 24%
Hollister-179 of which REO/Bank Owned-41 or 23%
Absorption Rate:
San Benito County-.62 month’s supply of inventory or 19days
Hollister-.41 month’s supply of inventory or 12days
____________________________________________________________
Solds for the week: 11
High: $820,000 New Conv. 1st, Equity Sale
Property appraised for $750,000! Buyer paid $70,000
over appraised value.
Low: $140,000 FHA Loan, REO/Bank Owned
Full-Price or Over-Asking: 6 or 55%
____________________________________________________________
Sale Type
REO/Bank Owned: 5 or 45%
Equity Sale: 6 or 55%
Short Sale: none
___________________________________________________
Financing Type
New Conv. 1st: 6 or 55%
FHA Loan: 2 or 18%
All CASH: 1 or 9%
VA Loan: 1 or 9%
USDA Loan: 1 or 9%
Wednesday, January 20, 2010 Add a comment
Saturday, January 16, 2010 1 comment
Single Family Residential
____________________________________________________________
Active:
San Benito County-133 of which REO/Bank Owned-20 or 15%
Hollister-72 of which REO/Bank Owned-11 or 15%
Pending:
San Benito County-218 of which REO/Bank Owned-51 or 23%
Hollister-102 of which REO/Bank Owned-42 or 41%
Absorption Rate:
San Benito County-.61 month’s supply of inventory or 18 days
Hollister-.71 month’s supply of inventory or 21 days
____________________________________________________________
Solds for the week: 10
High-$345,000 REO/Bank Owned, New Conv. 1st
Low- $165,000 REO/Bank Owned, FHA Loan
Full Price or Over Asking-7 or 70%
____________________________________________________________
Sale Type
REO/Bank Owned-7 or 70%
Short Sale-3 or 30%
Equity Sale- none
____________________________________________________________
Financing Type
New Conv. 1st-5 or 50%
FHA Loan-4 or 40%
All CASH-1 or 10%
Saturday, January 9, 2010 1 comment
Single Family Residential
____________________________________________________________
Active:
San Benito County-134 of which REO/Bank Owned-25 or 19%
Hollister-70 of which REO/Bank Owned-16 or 23%
Pending:
San Benito County-215 of which REO/Bank Owned-50 or 23%
Hollister-180 of which REO/Bank Owned-40 or 22%
Absorption Rate:
San Benito County-.62 month’s supply of inventory or 19days
Hollister-.39 month’s supply of inventory or 12days
____________________________________________________________
Solds for the week: 7 (a light week for closings)
High-$524,700 REO/Bank Owned, New Conv. 1st
Low-$210,000 Short Sale, FHA Loan
Full Price or Over Asking: 5 or 71%
____________________________________________________________
Sale Type
REO/Bank Owned-2 or 29%
Short Sale-4 or 57%
Equity Sale-1 or 14%
____________________________________________________________
Financing Type
New Conv. 1st-4 or 57%
FHA Loan-3 or 43%
All Cash-none this week
____________________________________________________________
Saturday, January 2, 2010 1 comment
Single Family Residential
____________________________________________________________
Actives:
San Benito County-136 of which REO/Bank Owned-28 or 21%
Hollister-72 of which REO/Bank Owned-17 or 24%
Pendings:
San Benito County-209 of which REO/Bank Owned-45 or 22%
Hollister-178 of which REO/Bank Owned-38 or 21%
Absorption Rate:
San Benito County-.65 months supply of inventory or 19.5 days.
Hollister-.40 months supply of inventory or 12 days.
____________________________________________________________
Solds for the week: 9
High: $650,000 REO/Bank Owned, FHA Loan
Low: $125,000 Equity Sale, All Cash
Full-Price or Over-Asking: 2 or 22%
____________________________________________________________
Sale Type
REO: 6 or 67%
Equity Sale: 3 or 33%
Short Sale: none
____________________________________________________________
Financing Type
New Conv 1st: 2 or 22%
FHA Loan: 3 or 33%
All Cash: 4 or 44%
Saturday, December 26, 2009 2 comments
Single Family Residential
____________________________________________________________
Active:
San Benito County-140 of which REO/Bank Owned-30 or 21%
Hollister-80 of which REO/Bank Owned-22 or 28%
Pending:
San Benito County-209 of which REO/Bank Owned-40 or 19%
Hollister-173 of which REO/Bank Owned-31 or 18%
Absorption Rate:
San Benito County-.67 months supply of inventory ~ 20 days
Hollister-.46 months supply of inventory ~ 14 days
____________________________________________________________
Sold’s for the week: 14
High-$565,000 Equity Sale, All Cash
Low- $69,000 REO/Bank Owned, All Cash
Full-Price or Over-Asking: 7 or 50%
____________________________________________________________
Sale Type:
REO/Bank Owned-7 or 50%
Short Sale-2 or 14%
Equity Sale-5 or 36%
____________________________________________________________
Financing Type:
New Conv. 1st-5 or 36%
FHA Loan-6 or 43%
All Cash-2 or 14%
VA Loan-1 or 7%
____________________________________________________________
A busy week of closings considering the holidays!
Saturday, December 19, 2009 1 comment
Single Family Residential
____________________________________________________________
Active:
San Benito County-147 of which REO/Bank Owned-24 or 16%
Hollister-84 of which REO/Bank Owned-16 or 19%
Pending:
San Benito County-209 of which REO/Bank Owned-46 or 22%
Hollister-171 of which REO/Bank Owned-38 or 22%
Absorption Rate:
San Benito County-.70 months supply of inventory or 21 days
Hollister-.49 months supply of inventory or 15 days
____________________________________________________________
Solds for the week: 17
High-$705,000 – REO/Bank Owned – New Conv. 1st
Low- $122,000 – REO/Bank Owned – All Cash
Full-Price or Over- 11 or 65%
____________________________________________________________
Sale Type:
REO/Bank Owned-12 or 70%
Short Sale-4 or 24%
Equity Sale-1 or 6%
____________________________________________________________
Financing Type:
New Conv. 1st-8 or 47%
FHA Loan-6 or 35%
All Cash-3 or 18%