Wednesday, May 5, 2010

Bend, Oregon Foreclosure and Short Sale Report ~ May '10

Active Residential Listing Report ~ May 5, 2010

City:

Bend

Redmond

Sisters

Prineville

Active Res. Listings:

1465

676

202

301

Active Short Sales:

468 (32%)

227 (34%)

21 (10%)

72 (24%)

Bank Owned Listings:

155 (11%)

88 (13%)

9 (4%)

46 (15%)

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 dropping to 43% and 47% combined distressed listings I would say we have leveled off and are starting to decrease. Combine this with the number of homes being sold and the decreasing supply things are starting to change for the positive. 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