|
||||||
|
45% of Las Flores Homes for Sale are in Distress In the last 12 months, we’ve had 66 sales in Las Flores and 38 of those sales have been in some form of distress (either short sales or foreclosed homes). That means that about 58% of our closed sales were distressed, which can certainly have a negative . . . → Read More: Las Flores Riding Out the Real Estate Market In analyzing the closing numbers for Las Flores in the month of July, there are some things that are interesting to note. It’s interesting to explore what properties are moving, and how long they take to sell. Whether or not a home is bank owned, an equity seller, or a short sale will definitely impact the . . . → Read More: How Long Does It Take To Sell a Las Flores Home? We’ve certainly seen prices come down in the last few years in Las Flores, but over the last couple years, what do those numbers really look like? I pulled all closed sales from the period of July 1, 2008 to July 1, 2009, as well as the last year thru July 1, 2010. Number of sales are up . . . → Read More: Las Flores Real Estate – Year Over Year Comparison We’ve all been curious to see how the end of the Housing Tax Credit would impact our local market. In some places we certainly have seen a slowing of demand. Many serious buyers expedited their plans to fall into the window for the tax credit which has created a gap in the summer demand . . . → Read More: Las Flores Real Estate – Sales and Current Listings Disclosure – these numbers may be a bit dry and boring, but I think they are good to be aware of. I’m not this boring in real life It was interesting examining the numbers this time. The equity sellers that may have been waiting for the market to improve, may have decided to move . . . → Read More: Equity Sellers on the Move in Las Flores Short sales are still really a prevalent issue in Las Flores with nearly half of all Active listings, more than half of all properties In Escrow, and nearly half of all Sold listings short. The most active price range is between $500,000 and $750,000. We still are still the over $750,000 market as very slow throughout . . . → Read More: Las Flores Market Update – Short Sale Success The Bad News Unfortunately, the short sales in Las Flores are abundant at all price points. Short sales comprise nearly half of all the inventory – 7 of 15 current active listings. The bulk of them (5) are in the $500 to $750 marketplace. The one big failing in my video post is the lack of mention in . . . → Read More: Short Sales Still A Factor In Las Flores |
 |
|||||
|
Copyright © 2012 My Las Flores - All Rights Reserved |
||||||
