Distressed Home Sales
Short sales and Foreclosures are all the rage, but are they a major component of the real estate market here in Humboldt County, CA?
Currently in Humboldt County (2/11/10) there are
517 total homes on the market
16 active REO (or bank-owned) homes on the market (3.1%)
47 active short sale listings on the market (9.1%)
In the past month (1/11/10 2/11/10) there have been
54 total homes sold
9 REO properties sold (or 16.7%)
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