Weekly Market Watch: April 26, 2011

Short sales are leading San Benito County new listings for the last week in April which put the inventory at 123 properties in Hollister.  Six bank owned properties changed to sold over the last week and short sales were not quickly behind.  As lenders like to have properties off their books coming to the end of the month, we should see more bank owns and short sales closing.  See you next week!


2 comments on “Weekly Market Watch: April 26, 2011

  1. It’s hard not to notice this trend. Like you, we have seen an increase in bank owned listings and short sale listings. So many deals arising!

    • RealtorKJ says:

      It’s unfortunate that some people are losing a home, but it is the market of opportunity for others. We are seeing more and more investors taking up the properties and renting out!

      Thanks for the comment!

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