Blogging for Homes

On a daily basis, I complete BPO's which means Broker Price Opinion for many of the top banks in the nation. These are done for a variety of reasons such as:

1. Loan is in default.

2. Loan is in re-negotiation.

3. Bank is verifying the value of their portfolio.

4. Second opinion for an REO property.

When preparing these BPO's we run statistics in the area to help the Requester determine what is happening in the area. I will start posting these statistics in between completing these BPO's to give you an idea of what is going on in different areas. So here goes for 95835:

Stats are as of Today 12/18/2007

369 Active Listings on the market

179 of these are vacant

96 are Bank Owned

66 are Short Sales

10 Pending Sales

109 Sold in the last 90 days.

$357,184 Average Sales price over the last 90 days.

2120 Average Square footage for above Average Sales Price.

72 Average Days on the Market.

18% Market Values have declined over the last 12 months.

If you would like statistics posted on a particular zip code just send me an email at bankrepos@realty1st.com