{"id":4724,"date":"2012-10-24T12:00:22","date_gmt":"2012-10-24T19:00:22","guid":{"rendered":"http:\/\/rmlsweb.wordpress.com\/?p=4724"},"modified":"2012-10-24T12:00:22","modified_gmt":"2012-10-24T19:00:22","slug":"residential-distressed-properties-for-third-quarte-2012","status":"publish","type":"post","link":"https:\/\/rmlscentral.com\/v1\/2012\/10\/24\/residential-distressed-properties-for-third-quarte-2012\/","title":{"rendered":"Residential Distressed Properties for Third Quarter (July-September) 2012"},"content":{"rendered":"
\"image_pdf\"<\/a>\"image_print\"<\/a><\/div>

\"\"<\/a>This chart shows the number of bank owned properties\u00a0and short sales in all areas of the RMLS\u2122 system during the third quarter of 2012<\/a>.<\/p>\n

Below are links to additional charts for some of our larger areas.
\n\u2022 Portland Metro Distressed Properties (3rd Quarter 2012)<\/a>
\n\u2022 Clark County, WA Distressed Properties (3rd Quarter 2012)<\/a>
\n\u2022 Lane County, OR Distressed Properties (3rd Quarter 2012)<\/a>
\n\u2022 Douglas County, OR Distressed Properties (3rd Quarter\u00a02012)<\/a>
\n\u2022 Coos County, OR Distressed Properties (3rd Quarter 2012)<\/a><\/p>\n

Here are some additional facts about distressed residential properties in the third quarter of 2012:<\/p>\n

All areas when comparing percentage share of the market,\u00a0third quarter 2012 to\u00a0second quarter\u00a02012:<\/strong>
\n\u2022 When comparing the third quarter of 2012 to the second quarter, distressed sales as a percentage of new listings decreased by .6% (18.2% v. 18.8%).
\n\u2022 In a comparison of the third quarter of 2012 to the second quarter, distressed sales as a percentage of closed sales decreased by\u00a05.3% (24.8% v. 30.1%).
\n\u2022 Short sales comprised 9.8% of new listings and 12.2% of sales in the third quarter of 2012, down .1% and up\u00a0.5% from the second quarter of 2012, respectively.
\n\u2022 Bank owned\/REO properties comprised 8.4% of new listings and 12.6% of sales in the third quarter of 2012, down .5% and 5.8% from the second quarter of 2012, respectively.<\/p>\n

Portland Metro when comparing percentage share of the market,\u00a0third quarter\u00a02012 to\u00a0second quarter\u00a02012:<\/strong>
\n\u2022 When comparing the third quarter of 2012 to the second quarter, distressed sales as a percentage of new listings decreased by 1.4% (18.5% v. 19.9%).
\n\u2022 In a comparison of 3Q 2012 to 2Q, distressed sales as a percentage of closed sales decreased by 5.3% (24.2% v. 29.5%).
\n\u2022 Short sales comprised 10.2% of new listings and 12.5% of sales in 3Q 2012, down .3% and up 1.1% from 2Q 2012, respectively.
\n\u2022 Bank owned\/REO properties comprised 8.3% of new listings and 11.7% of sales in 3Q 2012, down 1% and 6.4% from 2Q 2012, respectively.<\/p>\n

Clark County when comparing percentage share of the market, third quarter\u00a02012 to second quarter 2012:<\/strong>
\n\u2022 When comparing the third quarter of 2012 to the second quarter, distressed sales as a percentage of new listings decreased by .4% (24.6% v. 25.0%).
\n\u2022 In\u00a0a comparison of 3Q 2012 to 2Q 2012, distressed sales as a percentage of closed sales decreased by 5.3% (29.7% v. 35%).
\n\u2022 Short sales comprised 17.2% of new listings and 20.1% of sales in the third quarter of 2012, down .1% for new listings and down .3%\u00a0for sales when compared to the second quarter of 2012, respectively.
\n\u2022 Bank owned\/REO properties comprised 7.4% of new listings and 9.7% of sales in the third quarter of 2012, down .4% and 4.9% from the second quarter of 2012, respectively.<\/p>\n

If you’d like more\u00a0information or percentages of distressed residential sales in other areas not represented by our charts, please contact us at communications@rmls.com.<\/p>\n","protected":false},"excerpt":{"rendered":"

Charts are now available showing the number of bank owned properties and short sales in all areas of the RMLS\u2122 system during the third quarter of 2012.<\/p>\n","protected":false},"author":5,"featured_media":4263,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","filesize_raw":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[12,18,19,28],"tags":[150,463,268,469],"series":[],"episode_featured_image":"https:\/\/rmlscentral.com\/v1\/wp-content\/uploads\/2012\/08\/smallicon.jpg","episode_player_image":"https:\/\/rmlscentral.com\/v1\/wp-content\/plugins\/seriously-simple-podcasting\/assets\/images\/no-album-art.png","download_link":false,"player_link":false,"audio_player":false,"episode_data":{"playerMode":"dark","subscribeUrls":{"apple_podcasts":{"key":"apple_podcasts","url":"","label":"Apple Podcasts","icon":"apple-podcasts.png"},"google_play":{"key":"google_play","url":"https:\/\/play.google.com\/music\/m\/Iinki5xppiud4zt7r4evlggzzcy?t=Real_Talk_with_RMLS","label":"Google Play","icon":"google-play.png"},"google_podcasts":{"key":"google_podcasts","url":"","label":"Google Podcasts","icon":"google-podcasts.png"}},"rssFeedUrl":"https:\/\/rmlscentral.com\/v1\/feed\/podcast","embedCode":"

Residential Distressed Properties for Third Quarter (July-September) 2012<\/a><\/blockquote>\n