Below is a graph that shows the real estate activity in the Wood River Valley, i.e. Sun Valley, Elkhorn, Warm Springs, Ketchum, Hailey and Bellevue areas. The chart shows the percent of properties that are financially distressed properties, i.e. short sales and/or bank owned REOs. If you have any questions regarding the chart please feel …
Monthly Archive
for: ‘August, 2011’
Chateau Ste. Michelle wins Battle of the Brands over Windermere Real Estate
Raise a glass to winemaker Chateau Ste. Michelle, which has won this year’s Battle of the Brands. In the final showdown for bragging rights as Washington’s Most Respected Brand, online voters gave Woodinville-based Chateau Ste. Michelle the edge over Seattle’s Windermere Real Estate . More than 20,000 online votes overall were cast in last week’s …
View All Bank Owned REO Listings in the Greater Sun Valley Idaho Areas
View all Bank Owned REO listings currently available for purchase listed in the Sun Valley Board of Realtors MLS database. These are not Short Sales subject to lenders approval, these are homes owned by various banks, Fannie Mae, Freddie Mac, etc., that are ready to purchase and close without extended negotiations with both the seller …
Banks Agree to More Short Sales
U.S. homes nearing foreclosure accounted for 12 percent of total sales in the second quarter as banks agreed to more transactions at prices below the outstanding mortgage balance, RealtyTrac Inc. said. The proportion of sales of homes in default or scheduled for auction rose from 10 percent a year earlier and was little changed from …
Housing Affordability at Highest in 20 Years
Daily Real Estate News | Friday, August 19, 2011 Housing affordability continued to be near record highs in the second quarter, hovering near its highest level in the 20-plus years it has been recorded, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. About 72 percent of all new and existing-homes sold …
Foreclosures made up 31 pct. of home sales in 2Q
WASHINGTON (AP) — Foreclosures made up roughly one-third of all home sales this spring. While that’s a smaller share of sales from the previous quarter, it’s six times the percentage of foreclosures in a healthy housing market. Foreclosure sales, which include homes purchased after they received a notice of default or were repossessed by lenders, …
Feds want foreclosures sold in bulk to be rentals
The federal government would like to sell some of its huge portfolio of foreclosure homes to investors who will rent them out. These are houses with loans backed by Fannie Mae, Freddie Mac and the Federal Housing Administration that lenders and investors have foreclosed on and handed back to these federally owned agencies to take …
