Tuesday, November 3, 2009

Bend Oregon Foreclosure & Short Sale Report ~ Nov. '09

Active Residential Listing Report ~ November 3, 2009

City:

Bend

Redmond

Sisters

Prineville

Active Res. Listings:

1580

650

206

302

Active Short Sales:

535 (34%)

247 (38%)

17 (8%)

70 (23%)

Bank Owned Listings:

184 (12%)

108 (17%)

11 (5%)

36 (12%)

I will be compiling 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 46% and 56% combined distressed listings I would say we have a ways to go. Even though these numbers have been rising over the past 11 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