Well here it is the January 2012 and if you believe in the Mayan calander, it's earths last year. If you don't, your not alone and you may need to buy or sell a house this year.
A look back shows that in November 2011 46% of the sales were either short sales or REO's. One problem: Distressed homes sell for a lot less than homes sold by conventional sellers. The average price for a short sale (when borrowers owe the bank more than their homes are worth) was $209,000 in November. For a regular sale, the average was about $259,000.
The numbers are even worse for REOs, which averaged about $190,000 for properties in move-in condition.
If you need help finding your way through the purchasing process, or, you feel you need to sell your house short, call me and we can work it out together, or visit www.avdistresssale.com
ZIP Codes: 93534, 93535 Location Characteristics: East Lancaster is a great place to live, we are close to major shopping at the A.V. Mall and other major retailers close by and has some of the most affordable prices around. East Lancaster is situated in the part of town that includes some of the original Lancaster. It is generally considered any properties situated East of the 14 freeway, but is deliniated by the major North South road called Sierra Hwy. Great views of the snow capped mountains and the desert expanse.
About The Gockel Group:
As the preeminent real estate professional in my community, we are dedicated to providing the finest service available while breaking new ground.
Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional team that understands the industry and is positioned to stay ahead of the game.
We go the extra mile to help you achieve your goals. That's why we constantly research the market and property values so your home is priced effectively from day one. We also make sure the public knows your home is for sale by using innovative advertising and marketing techniques to attract potential buyers.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
