Lori Uhl McClelland's Blog

Single Family Residential

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Actives: SBC~176 of which REO~29 or 16%

                      HO~95 of which REO~23 or 24%

Pendings: SBC~208 of which REO~68 or 33%

                          HO~190 of which REO~67 or 35%

Absorption Rate: SBC~.85     HO~.5 months supply of inventory

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Solds for the week: 12

  High: $430,000 REO-New Conventional 1st

  Low:  $ 74,000 REO-Cash

  Full Price or Over Asking: 6 or 50%

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Sale Type

  REO: 11 or 92%

  Short Sale: 1 or 8%

  Equity Sale: 0

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Financing Type

  New Conv. 1st: 5 or 42%

  FHA Loan: 4 or 33%

  Cash: 3 or 25%