Are you interested in Whittier Foreclosures and how things have developed with regards to Foreclosures in this city? Are there more now than there were a couple of months ago? What seems to be the trend? Let's take a look:
Current Active Whittier Residential Propery Listings: 386
- Active Standard Listings: 230
- Active Short Sale Listings: 121
- Active REO (foreclosure) Listings: 35
In order to get a better understanding of Whittier Foreclosures, we need to take a look at the sales history (in order to give you a good idea what has happened in Whittier with regards to Foreclosures, I compiled REO sales figures all the way back to January of 2007):
While the number of REO sales is a good indicator of what has been happening in the Whittier Real Estate market, the most accurate and reliable data is the one looking at the Foreclosures as a Percentage of the total sales (as overall sales numbers change by month and can scew the the figures).
The chart below shows the Percentage of Foreclosures of Whittier Residential Property Sales, from January 2007 through May 2010:
This graph clearly shows a spike in Whittier Foreclosure sales in January of 2009 at 44% of the total sales. Since then, even though there have been ups and downs, there seems to be a declining trend in the percentage of Foreclosure sales in Whittier.
The month of June is not yet over, and right now the percentage of Foreclosure sales in Whittier is at 18% of the total sales volume for this month. I will be checking the numbers again at the end of the month and will update you on the final percentage.
If you are interested in Whittier Foreclosures and would like a list of all current Whittier Foreclosure listings, please just contact us so that we can email you a complete list or go directly to our property search and choose "Foreclosure/REO" in the "Select and additional criteria" menu.
If you are a homeowner who wants to avoid foreclosure, please visit our Distressed Homeowner Resource Center or contact us directly with any questions you might have.
Thanks so much for visiting our Real Estate blog and stay tuned for more great Real Estate updates! Our business greatly depends on referrals so if you like us, please tell your friends and family about us, it is truly appreciated.
Warm regards,
Stephanie & Shirley
Stephanie Frymyer & Shirley Williams
The S & S Team
"Your Local Property Pros"
562-355-8120 & 310-308-6107
DRE# 01390458 & DRE# 01456658
http://yourlocalpropertypro.com/
Stephanie Frymyer
Realtor, SFR, ABR, SRES
DRE 01390458
Shirley Williams
Realtor, SFR, SRES
DRE 01456658
Main Street Realtors
Thank you for your referrals!
