Single Family Residential
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Actives: SBC~180 of which REO/Bank Owned~32 or 18%
HO~97 of which REO/Bank Owned~24 or 25%
Pendings: SBC~222 of which REO/Bank Owned~73 or 33%
HO~197 of which REO/Bank Owned~70 or 36%
Absorption Rate: SBC~.81 HO~.49 months supply of inventory
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Sold’s for the week: 8
High: $635,000 Equity Sale, New Conv. 1st
Low: $246,000 REO, New Conv. 1st
Full Price or Over Asking: 7 or 88%
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Sale Type
REO/Bank Owned: 6 or 75%
Short Sale: 1 or 13%
Equity Sale: 1 or 13%
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Financing Type
New Conventional 1st: 5 or 63%
FHA: 3 or 37%
CASH: 0
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Another light week in the numbers.
After a long dry spell I received a new REO listing this week.