Ok, so the story can be told in the numbers
This is just for Canby Oregon
Canby Homes on the market - 133, Pending 16, Sold in the past month 13
Canby Short Sales on the market 32, Pending 0, Sold in the past month 2
Canby Bank owned properties on the market 10, Pending 5, Sold in the past month 6
So 25% of our market is Short Sales, and less than 10% is bank owned, but 50% of sales are with the bank owned.
I guess the good news here is that homes are selling.
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