Oceanside and Carlsbad Real Estate February 20 to 26 2011

Dramatic change from last week. See previous blogs for what was happening last week.

This past week in Oceanside there were 21 sales. 81% Р17 of the sales were either Short Sales, Bank Owned sales, or Flips. The average sales price was $256,071 with an average of 75 days on the market.

The week before only 20% or 4 out of 20 homes in Carlsbad were Short Sales or Bank Owned sales. This past week Р58% of the homes that sold in Carlsbad were either Short Sales or Bank Owned sales Р 14 out of 24 homes. This is a dramatic turn around!

If you have a friend or family member who has a home that is “underwater” have them contact us for advice on the possibility of a Short Sale before the bank forecloses on their home.

About Stephen Davis

We have been actively involved in Real Estate in California since purchasing 55 acres in 1975. We subdivided the land, built a house on one parcel and sold the others. We have subdivided other properties, owned two Real Estate companies, lead monthly seminars in Real Estate Investing, and sold hundreds of homes and mobile homes over the years.
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