Category Archive: Foreclosures

Nov
03

Weston Foreclosures

Foreclosures in Weston

15 Weston Foreclosures (Single Family Homes) have sold in the past 90 days (from August 1st to October 31st). The average sale price was $432,800. On average, homes sell within 97.48% of the asking price.

What we are seeing in Weston Foreclosures is that they are spending a shorter time on the market than traditional sales. Also, the average Sale Price of Weston Foreclosures is not much lower than the average sales price of traditional (non-distressed) sales.

*Table represents Sales from Aug 1 to Oct 31. DOM: Days on Market

Foreclosures for sale in Weston only represent 3.38% of the Weston Real Estate Market, proof yet again that Weston is the hottest US Real Estate market as home values remain strong. There have been 36 Foreclosures sold in Weston in the past 6 months.

The Chart below shows the comparison of Weston Foreclosure Sales in 2009, 2010 and 2011 (up to October 31 2011).

Weston Foreclosures for Sale

There are currently 11 Single Family Home Foreclosures in Weston on the market for sale. These range in price from $169,770 to $1,216,400.

If you are looking to place your Weston home on the market for sale and are looking for a Weston Realtor that knows the market, Contact Tiffany today at 954-257-5030.

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Related Information:

Oct
13

Weston Single Family Homes Sold on September 2011

64 Homes Closed in Weston on September 2011

BY TYPE OF TRANSACTION:
45 Regular Sales
10 Short Sales
9 Foreclosures
The percentage of distress sales has been maintained over the last months representing approximately 30% of all total sales. A number that even though looks high is still lower than the percentage in other areas.

BY TYPE OF FINANCING
32 Conventional Loans
20 Cash Deals
10 FHA Loans
2 VA Loans
It’s interesting to note that the proportion of cash sales (over 30%) is still very high compared to traditional markets. We also notice a higher number of FHA’s loans than what we were seeing in the last few months.

weston homes sold sept 2011

weston homes sold sept 2011

weston homes sold sept 2011To stay updated with what’s going on in the Real Estate Market and receive my blog posts directly to your in box subscribe here.
If you are interested in visiting this home or to find how much your home is worth, please call us at (954) 588-7260 or
contact us.

Aug
19

Are You A Bank of America or Countrywide Borrower?

Good News For You…

Bank of America-CountrywideBank of America is committed to help troubled borrowers with Loan Modifications and Short Sales.

To read the complete article written by Oppenheim Law please click on the picture…

To stay updated with what’s going on in the Real Estate Market and receive my blog posts directly to your in box subscribe here.
If you are interested in visiting this home or to find how much your home is worth, please call me at (954) 588-7260 or
contact us.

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