Continue reading "Eagle ID Short Sales Stats | November 2012"
The post Eagle ID Short Sales Stats | November 2012 first appeared on Eagle Idaho Short Sales.
]]>While the foreclosure rate remained low in November (9.7%), Eagle ID short sales have been the more dominant type of distressed sale this year. In the past 11 months, there have only been 25 Eagle bank-owned homes sold. Short sales more than double that number this year. Still, when comparing foreclosure rates year-over-year, the numbers are drastically different. Last year, the foreclosure market share for November was 46.2%, making it 36.5% higher than Nov. 2012 numbers.
While the numbers are negligible, most of the Eagle ID short sales this year were in the Brookwood subdivision. There has been a total of 7. Banbury Meadows, which has the second highest amount, has posted 5 short sales. The short sale in Eagle ID from November was in the Lexington subdivision. Lexington subdivision has now had 4 this year, making it the third highest total for short sales in a given subdivision.
The post Eagle ID Short Sales Stats | November 2012 first appeared on Eagle Idaho Short Sales.
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