Maple Valley Bank Owned Home Report December '08

I put together my first bank owned property report for the Maple Valley market almost one year ago. Back then I said:

" Currently (as of 12.26.07) there are 4 Bank Owned Properties for sale in the Maple Valley market, this is a higher number than we've seen in the past, but certainly better than many other areas of the Country and hopefully a trend we will not see increasing."

Here we are a year later and sadly the trend has increased, by 400%! Unfortantely, a high number of short sales and Lender's inability to move quickly on their decisions, have caused motivated buyers to move on to listings (either bank owned or not) where they won't have to wait for an answer. If it were possible to get a faster response on short-sales, we may see these numbers stabilize and then hopefully begin to decline. Until then.....we continue to be spectator within an unprecendented market

• • Currently there are 16 Active Bank/Asset Company Owned Listings
  • The average List price for these homes is $315,475.
  • The lowest priced listing is $129,900
  • The highest is $528,500.
  • The average market time for these properties is 46 days.

Looking to Buy or Sell a home in Maple Valley? I can help! Since 1990, I have been successfully marketing and selling Residential Resale and New Construction homes in South King and North Pierce Counties since 1990, but I specialiize in the greater Maple Valley area, Whether you're interested in Buying, Selling or need more information because you are Relocating to the Puget Sound Region, email me or give me a call, I'm happy to help! Contact Colleen Maple Valley Listings delivered to your inbox via email Complimentary Online Market Analysis of your Maple Valley Home View or Post Maple Valley For Sale By Owner Listings Learn more about the Maple Valley Community including information on Tahoma Schools and Maple Valley Neighborhoods

Copyright 2008. Colleen Fischesser, All rights reserved.