Monday, May 4, 2009

Bend Oregon Foreclosures and Short Sales Report ~ May 2009

Active Residential Listing Report ~ May 4, 2009

City:

Bend

Redmond

Sisters

Prineville

Active Res. Listings:

1779

770

193

306

Active Short Sales:

437 (25%)

184 (24%)

12 (6%)

38 (12%)

Bank Owned Listings:

180 (10%)

113 (15%)

7 (4%)

32 (10%)

I will be compliling this list of foreclosures and short sales in hopes of determining the bottom of our Central Oregon real estate market. With Bend and Redmond hitting 35% and 39% combined distressed listings I would say we have a ways to go. Even though these numbers have been rising over the past 3 months, the number of homes being sold has risen as well. Distressed listings are making up 50% of all home sales in the past several months.

For a list of Bend Oregon Foreclosures or Bend Oregon Short Sales follow the links. You can also request other Central Oregon cities by following the above links as well.

Troy Batson is a licensed broker in the State of Oregon ~ troybatson.com ~ Duke Warner Realty ~ 1033 NW Newport Ave. Bend, OR 97701 ~ (541)382-8262