2010 Hollister/San Benito County Housing Expo Flyer
2010 Hollister/San Benito County Housing Expo Agenda
My office is pleased that we are participating in the upcoming 2010 Housing Expo for Hollister and San Benito County. All agents in my office are CDPE credentialed ~ Certified Distressed Property Expert. We will have a display table with valuable information available offered to help distressed homeowners. We will be at the event on Thursday 25th. Stop by and say hello!
Single Family Residential
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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
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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%
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Sale Type
REO/Bank Owned-7 or 78%
Equity Sale-2 or 22%
Short Sale-none
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Financing Type
New Conv. 1st-2 or 22%
FHA Loan-2 or 22%
USDA Loan-2 or 22%
All CASH-3 or 33%
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Single Family Residential
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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
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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%
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Sale Type
REO/Bank Owned: 11 or 65%
Short Sale: 1 or 6%
Equity Sale: 5 or 29%
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Financing Type
New Conv. 1st: 9 or 52%
FHA Loan: 4 or 24%
All CASH: 4 or 24%
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Wow! A big week for closings….
Single Family Residential
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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
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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%
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Sale Type
REO/Bank Owned-7 or 70%
Short Sale-3 or 30%
Equity Sale- none
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Financing Type
New Conv. 1st-5 or 50%
FHA Loan-4 or 40%
All CASH-1 or 10%
Single Family Residential
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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
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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%
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Sale Type
REO/Bank Owned-2 or 29%
Short Sale-4 or 57%
Equity Sale-1 or 14%
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Financing Type
New Conv. 1st-4 or 57%
FHA Loan-3 or 43%
All Cash-none this week
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Single Family Residential
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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.
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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%
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Sale Type
REO: 6 or 67%
Equity Sale: 3 or 33%
Short Sale: none
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Financing Type
New Conv 1st: 2 or 22%
FHA Loan: 3 or 33%
All Cash: 4 or 44%
Single Family Residential
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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
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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%
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Sale Type:
REO/Bank Owned-7 or 50%
Short Sale-2 or 14%
Equity Sale-5 or 36%
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Financing Type:
New Conv. 1st-5 or 36%
FHA Loan-6 or 43%
All Cash-2 or 14%
VA Loan-1 or 7%
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A busy week of closings considering the holidays!
Single Family Residential
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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
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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%
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Sale Type:
REO/Bank Owned-12 or 70%
Short Sale-4 or 24%
Equity Sale-1 or 6%
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Financing Type:
New Conv. 1st-8 or 47%
FHA Loan-6 or 35%
All Cash-3 or 18%
Single Family Residential
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Actives:
San Benito County-133 of which REO/Bank Owned-19 or 14%
Hollister-70 of which REO/Bank Owned-12 or 17%
Pendings:
San Benito County-219 of which REO/Bank Owned-53 or 24%
Hollister-180 of which REO/Bank Owned-42 or 23%
Absorption Rate:
San Benito County-.61 months supply of inventory or 18 days
Hollister-.39 months supply of inventory or 12 days
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Solds for the week: 10
High-$641,500 REO/Bank Owned, New Conv. 1st
Low- $135,000 REO/Bank Owned, All Cash
Full-Price or Over-Asking-7 or 70%
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Sale Type:
REO/Bank Owned-5 or 50%
Short Sale-3 or 30%
Equity Sale-2 or 20%
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Financing Type:
New Conv. 1st-5 or 50%
FHA Loan-2 or 20%
VA Loan-1 or 10%
All Cash-2 or 20%
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Contrary to what you may have heard, lenders actually want to avoid foreclosure wherever possible. That’s why they’re accepting more short sale and deed-in-lieu transactions everyday in an effort to eliminate unnecessary foreclosures. This is great news for homeowners facing financial distress.
To help you understand more about these two options, I’ve prepared a free report just for you, called ‘Short Sale & Deed-in-Lieu: Dignified Solutions.’ To receive your free report, please provide your information in the fields below.
I hope you’ll review these options carefully and pass this information along to those who may need it. I commend your efforts to finding a solution to the difficult financial situation that you or someone you know is currently facing. Providing the best advice and information in your time of need is my priority.
Let me help you evaluate your options and get you back on track to a secure financial future
