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Greeley Colorado Bank Owned property dominates sales.

Very interesting times in Greeley real estate.  I like to call it the tale of two cities.  Greeley Real Estate vs UNC Real Estate. 

 

Although as you can see the Days on market and the Months of Inventory are decreasing in the lower price ranges the story behind the scenes is the amount of those sales that are distressed.  As you can see on my www.realestatesuperheroes.com blog.  51% of the Greeley home sales last year had been Short Sale or REO sales

REO/HUD Greeley Short-Sale Non-Distressed Total  
561 109 650 1320  
      50.8%


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Posted Monday Jun 15