may 2011 distressed property report

8/6/2019 May 2011 Distressed Property Report

1/3

Avg. Sold Price 166,678$Avg. Prior 1st Mtg Amt 198,465$Avg. % Sold Price/Prior 1st Mtg. 83.98%

Avg. Sales Price 121,453$Median Sales Price 116,550$

216216

1st NOD to Trustees Deed (to

Trustees Deed to REO Sale

REO Sales Average Timeline (Days)

REO Sales

Short Sales

Area Activity & Short Sale Report - May 2011

Marion County

54.02%

5.17%

39.08%

1.15% 0.57%

Sales By Type

SFR Full Sale (94)

SFR Short Sales (9)

SFR REO Sale (68)

Condo/TwnHm Full Sale (2)

Condo/ TwnHm REO Sale (1)

st - a e

5.17%

79.3773.46

60.49

86.21

43.79

0.0010.0020.0030.0040.0050.00

60.0070.0080.0090.00

100.00

SFR Median Price

Per SqFt (94)

SFR Short Sales

Median Price Per

SqFt (9)

SFR REO Sale

Median Price Per

SqFt (68)

Condo/TwnHm

Median Price Per

SqFt (2)

Condo/ TwnHm REO

Sale Median Price

Per SqFt (1)

Median Sold Price Per Sq. Foot

Median Sold Price Per

Sq. Foot


2/3

Zipcode City NOD NOT REO

Auction

Purchase

SFR

Full

Sale

SFR

Median

Price Per

SqFt

SFR

Short

Sales

SFR Short

Sales

Median

Price Per

SqFt

SFR

REO

Sale

SFR REO

Sale

Median

Price Per

SqFt

Cond

o/Twn

Hm

Full

Sale

Condo/TwnH

m Median

Price Per

SqFt

Condo/

TwnHm REO

Sale

Condo/

TwnHm REO

Sale Median

Price Per

SqFt0 0 0 0 0 2 58.33 0 0.00 0 0.00 0 0.00 0 0.0097002 AURORA 2 1 0 0 0 0.00 0 0.00 1 32.63 0 0.00 0 0.0097020 DONALD 0 1 0 0 0 0.00 0 0.00 1 54.70 0 0.00 0 0.0097026 GERVAIS 0 0 4 0 0 0.00 1 67.83 0 0.00 0 0.00 0 0.0097032 HUBBARD 0 0 1 0 1 89.99 0 0.00 0 0.00 0 0.00 0 0.00

97071 WOODBURN 10 8 3 0 10 64.96 1 75.95 10 66.41 0 0.00 0 0.0097137 SAINT PAUL 0 0 0 0 1 132.37 0 0.00 0 0.00 0 0.00 0 0.0097301 SALEM 16 15 7 1 12 66.88 2 58.95 16 61.03 0 0.00 0 0.00

97302 SALEM 9 11 2 0 13 96.57 0 0.00 5 57.31 1 89.54 0 0.0097303 SALEM 16 7 4 0 14 80.24 1 87.92 10 52.66 0 0.00 0 0.0097305 SALEM 8 7 3 1 8 72.05 0 0.00 11 59.72 1 86.21 0 0.00

97306 SALEM 7 6 4 2 12 84.81 1 96.21 6 67.06 0 0.00 1 43.7997307 KEIZER 0 0 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.0097308 SALEM 0 0 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.0097309 SALEM 0 0 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.0097310 SALEM 0 0 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00

Marion County Transaction Overview by Type/ZIP

. . . . .97311 SALEM 0 0 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.0097312 SALEM 0 0 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.0097314 SALEM 0 0 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.0097317 SALEM 4 0 1 0 8 60.19 2 68.77 3 52.84 0 0.00 0 0.0097325 AUMSVILLE 4 3 2 0 0 0.00 0 0.00 1 32.15 0 0.00 0 0.0097342 DETROIT 0 0 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.0097346 GATES 0 0 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00

97350 IDANHA 0 0 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.0097352 JEFFERSON 3 1 0 0 3 84.50 0 0.00 1 81.50 0 0.00 0 0.00

97362 MOUNTANGEL 0 1 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00

97373SAINTBENEDICT 0 0 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00

97375SCOTTSMILLS 0 0 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00

97381 SILVERTON 2 2 2 0 2 54.49 1 73.46 1 70.13 0 0.00 0 0.0097383 STAYTON 2 1 0 0 2 44.14 0 0.00 2 47.03 0 0.00 0 0.0097384 MEHAMA 0 0 0 0 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00

97385 SUBLIMITY 0 0 1 0 3 85.16 0 0.00 0 0.00 0 0.00 0 0.0097392 TURNER 0 0 4 1 3 79.37 0 0.00 0 0.00 0 0.00 0 0.00

Total 83 64 38 5 94 79.37 9 73.46 68 60.49 2 86.21 1 43.79


3/3

Market Summary by ZIP Code- Published monthly by County, the first pages are a summary by ZIP code, by SFR and Condo/Townhomes.# NOD- Count of Notices of Default filed in the period

# NOT- Count of Notices of Trustee Sale filed in the period# REO- Count of Trustee Deeds that failed to sell at Auction and now Bank REO# Auction Purchase- Cash Sales at bank auction typically to investors

*Information deemed reliable but not guaranteed

Short Sale Analysis- Demand for this report originated from Real Estate Professionals working Short Sale Transactions. Many found the short sale

process varied widely from lender to lender. The principle question asked: "which lenders are opting for a short sale instead of foreclosure". Knowingwhich lender(s) are approving Short Sales, real estate professionals now can focus on working opportunities with lenders which are more likely to approvea short sale and in a reasonable timeframe.REO Sales Analysis- In many markets there are more Bank Owned properties currently not listed for sale, not listed on the MLS or actively marketed.

While there are several reasons for this, both investors and real estate professionals are seeking to identify which lenders are selling their REO assetswhich represent new sales and investment opportunities.

Investor Auction Purchases- Our report separates Trustee Deeds conveyed to investors and REO properties going back to the bank. In addition the

report reveals the ratio between auction sales to investors and the assumption rate for banks taking on REO assets.

may 2011 distressed property report

Documents