Subscribe to PostsWelcome to ExtremeShortSale.com and the Gregory Real Estate Group! Keller Williams VIP Properties Broker Associate Matt Gregory, provides an important Valencia Northbridge Short Sale Market Update. Take a look at this short video and read below to learn more:
Valencia Northbridge Short Sale Market Update | Surprising
Currently there are 36 homes for sale and 22 of those, or 61% are short sales! The remaining 14 listings are either real estate owned or standard sales. Additionally, at the present time there are 22 properties in escrow and 15 of those are short sales. As we predicted at the beginning of the year, short sales are beginning to dominate the market, especially in the Valencia Real Estate Market. Since the beginning of 2011 Northbridge had 18 homes close escrow. Only 4 of those 18 were short sales. In 2010 a total of 115 homes sold and 22% of those were short sales. Obviously the percentage of short sales on the market is rising and we expect that will continue for the rest of the year.
This information is critical for those home buyers currently searching in the Valencia Northbridge community. Obviously, there’s a darn good chance the home you decide on will be a short sale. These Short Sale transactions can be extremely complex, difficult and time consuming. It’s critical that home buyers have an expert real estate agent, specially trained and experienced with short sales. Matt Gregory leads our Gregory Real Estate Group. Matt handles a variety of transactions, but is especially successful with short sales. Matt is a Certified Distressed Property Expert and a Short Sale Specialist. Matt has a proven track record and has helped many friends and clients successfully buy and sell short sale properties. There’s just no need for short sale buyers and sellers to risk their deal falling through due to lack of training or inexperience. Take the worry out of your short sale transaction and Contact Matt today, at 661-713-4799.
