We report, you decide. According to Redfin, there were 28 sales in the 21541 zip code over the past six months. Five of those sales are listed in the table below showing the recent transaction date and price and the previous transaction date and price. Shown here are nearly 20 percent of all the sales in the 21541 zip code during the past 6 months and represented are 1 large mid-six-figure loss, 1 short sale, 1 foreclosure, 1 big seller subsidy, and 1 agent owned property. So you be the judge, are distressed sales as few and far between as some would suggest?
And clearly real estate prices and values haven't stopped rising either, or have they? Or maybe they've finally conceded on that front, as recently as early 2009 values were still rising according to some. Again, you be the judge. Post any and all comments.
Don't forget to check back to Dan's Deep Creek Blog for future updates.
Tuesday, June 22, 2010
Distressed sales few and far between?
Labels:
deep discounts,
foreclosure,
Price change,
short sale
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