Someone asked me this morning, how many bank owned properties are there for sale in Belfair, WA and all of Mason County? I think they were expecting this huge number to come out of my mouth, but it didn't.
The statistics below are taken into account only homes for sale and actively listed with a real estate agent that a bank now owns.
There are currently a total of 680 homes for sale in the entire area of Mason County. 43 of the homes for sale in Mason County are bank owned properties. There are 17 bank owned homes for sale in Belfair WA of that 43.
That is 6.32% of the homes for sale in Mason County that are bank owned.
If you would like more information on the bank owned (also called repo's, foreclosed or REO's), homes for sale in Belfair, WA and the surrounding areas in Mason County WA, or just general information about the Belfair WA real estate market and surrounding area drop me a line, give me a call or stop on by the office. I would love to sit and chat with you about the happenings in and around the Belfair WA real estate market.
~~Valerie~~
If you would like more information on Belfair, Allyn and LakeLand Village homes for sale or Hood Canal and Puget Sound Waterfront Homes for Sale, drop me a line, give me a call, or stop on by. You can also check out the many choices and prices on my website!
~~Valerie~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Whether you are buying or selling a home, don't put your goals off without talking to a local real estate expert with knowledge of homes for sale on Hood Canal, Southern Puget Sound as well as LakeLand Village, Allyn, Belfair and the surrounding area.
I Build relationships for life. YOUR SUCCESS IS MY SUCCESS!
Windermere Peninsula Properties
My email: vlsallyn@windermere.com
My website: www.valspaulding.with wre.com
My blog : www.BelfairWARealEstate.com
My Direct line: 360.710.5622
Way to go, Val. I can see you are really keeping on top of the numbers!. That is the only way to keep consumers aware of what is going on in the market. And, it looks as though things might be turning around! Keep selling them off!
I am sure our thoughts can be "17 too many" - but really that is a low number. I am sure people who have had to listen to the news are really shocked to hear the low percentage. Real Estate is Local :)
Suzanne - I love looking at the numbers. This number has not been very high in our area all along. Next I will be checking the homes that are short sales. Thanks for stopping in!
Jo - real estate really is local. Yes my thoughts were 17 too many but compared to the number of homes on the market it is not an extreme amount. Thanks for stopping in!
Valerie,
That is a low percentage of bank owned. Glad to hear that they aren't taking you guys by a storm. We have way too many in Kentucky! Thanks for the post and for commenting on my post the other day!
Cindy - Yes it is low - hoping that we do not become inundated in the next few months. I will be looking to see where the short sales are the end of this week. SHould be interesting. Thanks for stopping in and you are welcome!
Our inventory of foreclosures is very low in Sacramento right now, but I suspect that's about to change shortly. However, bank-owned homes are what's selling and driving our market. 72% of the sales last month were foreclosures. It's what buyers gravitate towards.
Elizabeth - I am in the process of checking to see how many short sales we have. Yes the buyers are gravitating towards them and our short sales seem to have a lot of activity. Bank owned and short sales are the going concern at the moment! Lots to choose from and some great prices! Thanks for stopping in!
The numbers speak volumes and it is not the same message that we are hearing on the local or national news. I see a light at the end to the tunnel-Dinah Lee
Dinah - There may be more come on that were short sales but for the most part they are also being sold reasonably - it will be interesting to see next months stats and where things stand. thanks for stopping in!