HUD Listing Statistics for the Week of July 17, 2009 - There are 13 NEW Listings and 36 RE-LISTS!

Only 13 New HUD Listings Plus Many Known Relists

You will find 13 new HUD listings this week. There's a very nice home at the northern end of Westerville, just beside the Medallion Golf Club. It's listed for $174,000, which is probably close to its retail value.

Another suburban home to consider is the HUD house on Frisco Court in Hilliard, which is available for $108,000.

Among the relisted or boomerang Columbus HUD Homes you will find quite a few familiar homes. The Long Street Double is back on the market for $36,000. Remember, this brick building was in contract for $21,000. I am pretty sure HUD will accept a similar deal this time around, since the price has been reduced again.

Another familiar home is the "White House" in Pickerington. This one must have been in contract at least 5 times, so it has been around for a while. Not only is the house white, but the photo on the HUD website is full of snow, as well. The latest list price is $127,440 - reduced by 10%. The house has foundation issues and big holes in the driveway. Why not try a low-ball offer, preferably with 203 (k) Streamline financing?

Listing Statistics

Total homes available: 71 (last week: 69)

Owner occupants: 49
All bidders: 22
New listings: 13
Relisted/Price reduced: 36

Median Price: $74,000 (last week: $60,000)
Average Price: $78,740 (last week: $72,299)
Highest Price: $180,000
Lowest Price: $10,000

Homes less than $50,001: 23 (last week: 27)
Between $50,001 & $100,000: 30 (last week: 26)
More than $100,000: 18 (last week: 16)

Thanks for reading our Columbus HUD Homes Blog
Posted by: Susanne Novak, ABR, FIS, GRI
Columbus Realtors specializing in
HUD Homes, Shortsales, Investment Real Estate
(614) 975-9650