Archive for February, 2012

Hollister, San Benito County Real Estate Market Update for Feb 25, 2012

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Solds for the week 02-25-12

Single Family Residential
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Actives
San Benito County-121 of which REO/Bank Owned-19 or 16%, Short Sales-33 or 27%
Hollister-79 of which REO/Bank Owned-15 or 19%, Short Sales-27 or 34%
 
Pendings
San Benito County-181 of which REO/Bank Owned-29 or 16%, Short Sales-112 or 62%
Hollister-144 of which REO/Bank Owned-21 or 15%, Short Sales-92 or 64%
 
Absorption Rate
San Benito County-.67 month’s supply of inventory or 20-Days
Hollister-.55 month’s supply of inventory or 16-Days
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Sold’s for the week: 3
High: $365,000  Traditional Sale (Flip), New Conv. 1st
Low:  $265,000  Traditional Sale, New Conv. 1st
Full-Price/Over-Asking: 1 or 33%
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Sale Type
Traditional Sale: 2 or 66%
Short Sale: 1 or 33%
REO/Bank Owned: 0
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Financing Type
New Conv. 1st: 2 or 66%
VA Loan: 1 or 33%
FHA Loan: 0
All CASH: 0
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Brian Buffini’s Real Estate Report for February 2012

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BBRealEstateReport_2012_US part 1

BBRealEstateReport_2012_US part 2

Over The Fence ~ March 2012 from Fidelity Home Warranty

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Over The Fence ~ March 2012

Hollister, San Benito County Real Market Update for February 18, 2012

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Solds for the week 02-18-12

Single Family Residential
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Actives:
San Benito County-113 of which REO/Bank Owned-18 and Short Sales-27 or 24%
Hollister-72 of which REO/Bank Owned-13 or 18% and Short Sales-23 or 32%
 
Pendings:
San Benito County-177 of which REO/Bank Owned-24 or 14% and Short Sales-113 or 68%
Hollister-140 of which REO/Bank Owned-17 or 12% and Short Sales-92 or 64%
 
Absorption Rate:
San Benito County-.64 months supply of inventory or 19-Days
Hollister-.51 months supply of inventory or 15-Days
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Solds for the Week: 12
High: $780,000 Short Sale, New Conv. 1st
Low:  $65,000 REO/Bank Owned, All CASH
Full-Price/Over-Asking: 7 or 58%
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Sale Type:
Short Sales: 7 or 58%
REO/Bank Owned: 4 or 33%
Traditional Sale: 1 or 8%
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Financing Type:
New Conv. 1st: 5 or 42%
FHA Loan: 2 or 16.5%
USDA Loan: 2 or 16.5%
All CASH: 2 or 16.5%
Seller Financing: 1 or 8%
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Hollister, San Benito County Real Estate Market Update February 11, 2012

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Single Family Residential
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Actives:
San Benito County-113 of which REO/Bank Owned-13 or 11.5% and Short Sales-31 or 27%
Hollister-69 of which REO/Bank Owned-9 or 13% and Short Sales-24 or 35%
 
Pendings:
San Benito County-177 of which REO/Bank Owned-27 or 15% and Short Sales-113 or 64%
Hollister-141 of which REO/Bank Owned-21 or 15% and Short Sales-91 or 64.5%
 
Absorption Rate:
San Benito County-.64 months supply of inventory or 19-days
Hollister-.49 months supply of inventory or 15-days
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Solds for the week: 5
High: $520,000 REO/Bank Owned, New Conv 1st
Low:  $194,000 Traditional Sale (Investor Flip), FHA Loan
Full-Price/Over-Asking: 1 or 20%
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Sale Type
REO/Bank Owned: 3 or 60%
Short Sale: 1 or 20%
Traditional Sale: 1 or 20%
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Financing Type
New Conv 1st: 3 or 60%
FHA Loan: 2 or 40%
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Hollister, San Benito County Real Estate Market Update for February 4th, 2012

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Solds for the week 02-04-12

Single Family Residential
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Actives:
San Benito County-121 of which REO/Bank Owned-13 or 11%, Short Sale-33 or 27%
Hollister-77 of which REO/Bank Owned-10 or 13%, Short Sale-27 or 35%
 
Pendings:
San Benito County-174 of which REO/Bank Owned-29 or 16%, Short Sale-111 or 64%
Hollister-137 of which REO/Bank Owned-22 or 16%, Short Sale-89 or 65%
 
Absorption Rate:
San Benito County-.70 months supply of inventory or 21-Days
Hollister-.56 months supply of inventory or 17-Days
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Solds for the week: 7
High: $360,000 Short Sale, New Conv. 1st
Low:  $207,000 Short Sale, USDA Loan
Full-Price/Over-Asking: 2 or 29%
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Sale Type
Short Sale: 5 or 72%
REO/Bank Owned: 1 or 14%
Traditional Sale: 1 or 14%
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Financing Type
New Conv. 1st: 3 or 42%
FHA Loan: 2 or 29%
USDA Loan: 2 or 29%