2/14/2011 ID# 3323 Souteastern Pa, NJ, + Delaware
The Number of distressed Sales within TREND'S coverage area in 2010 remained MUCH Lower than the Nat avg. According to Stats released by NAR. 33% of all sales nationally were considered distressed, which includes bank owned Properties, or REO's + Short Sales.THAT is MORE than DOUBLE the Number of distressed sales in TREND.....Hmmmm
Of the 53,597 sales in TREND, 8,422 of them or 15.7% were considered to be either bank owned properties or Short Sales.
Counties withHIGHEST Rates of REO's in 2010 Counties with HIGHEST Rate of short Sales in 2010
Kent County DE- 16.5% Burlington County NJ - 8.9%
Phila County PA- 15.8% Mercer County NJ- 8.6%
Salem County NJ- 14.2% Camden County NJ- 8,4%
Counties with theLOWEST Rates of REO's in 2010 -- Counties with the LOWEST RATE of Short Sales in 2010
Chester County- 5.5% Berks County PA- 2.8%
BUCKS County- 6.2% Philadelphia County PA - 3.4%
Montgomery County- 6.2% Delaware County PA- 3.5%
Location Location Location! Location, Location, Location
John + Sheri Curci - Serving Philly, Bucks + Montgomery over 15 Years.... one yard at a time...
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved