{"id":5821,"date":"2013-04-19T15:45:08","date_gmt":"2013-04-19T22:45:08","guid":{"rendered":"http:\/\/rmlscentral.com\/?p=5821"},"modified":"2013-04-19T15:58:22","modified_gmt":"2013-04-19T22:58:22","slug":"residential-distressed-properties-for-first-quarter-january-march-2013","status":"publish","type":"post","link":"https:\/\/rmlscentral.com\/v1\/2013\/04\/19\/residential-distressed-properties-for-first-quarter-january-march-2013\/","title":{"rendered":"Residential Distressed Properties for First Quarter (January-March) 2013"},"content":{"rendered":"
\"image_pdf\"<\/a>\"image_print\"<\/a><\/div>

\"2013Q1DistressedAll\"<\/a>This chart shows the number of bank owned\/REO properties and short sales in all areas of the RMLS\u2122 system during the first quarter of 2013<\/a>.<\/p>\n

Below are links to additional charts for some of our larger areas.
\n\u2022 Portland Metro Distressed Properties (1st Quarter 2013)<\/a>
\n\u2022 Clark County, WA Distressed Properties (1st Quarter 2013)<\/a>
\n\u2022 Lane County, OR Distressed Properties (1st Quarter 2013)<\/a>
\n\u2022 Douglas County, OR Distressed Properties (1st Quarter 2013)<\/a>
\n\u2022 Coos County, OR Distressed Properties (1st Quarter 2013)<\/a><\/p>\n

Here are some additional facts about distressed residential properties in the first quarter of 2013:<\/p>\n

All areas when comparing percentage share of the market, first quarter 2013 to fourth quarter 2012:<\/strong>
\n\u2022 When comparing the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of new listings decreased by 6.1% (15.3% v. 21.4%).
\n\u2022 In a comparison of the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of closed sales increased by 0.9% (24.5% v. 23.6%).
\n\u2022 Short sales comprised 9.2% of new listings and 11.4% of sales in the first quarter of 2013, down 2.1% and down 0.5% from the fourth quarter of 2012, respectively.
\n\u2022 Bank owned\/REO properties comprised 6.1% of new listings and 13.1% of sales in the first quarter of 2013, down 4.0% and up 1.4% from the fourth quarter of 2012, respectively.<\/p>\n

Portland Metro when comparing percentage share of the market, first quarter 2013 to fourth quarter 2012<\/strong>:<\/strong>
\n\u2022 When comparing the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of new listings decreased by 7.2% (13.9% v. 21.1%).
\n\u2022 In a comparison of first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of closed sales decreased by 0.6% (22.2% v. 22.8%).
\n\u2022 Short sales comprised 8.7% of new listings and 11.2% of sales in\u00a0the first quarter of\u00a02013, down 3.3% and 1.1% from\u00a0the fourth quarter of\u00a02012, respectively.
\n\u2022 Bank owned\/REO properties comprised 5.2% of new listings and 11.0% of sales in\u00a0the first quarter of\u00a02013, down 3.9% and up 0.5% from\u00a0the fourth quarter of\u00a02012, respectively.<\/p>\n

Clark County when comparing percentage share of the market, first quarter 2013 to fourth quarter 2012<\/strong>:<\/strong>
\n\u2022 When comparing the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of new listings decreased by 3.0% (23.7% v. 26.7%).
\n\u2022 In a comparison of first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of closed sales increased by 1.8% (30.6% v. 28.8%).
\n\u2022 Short sales comprised 14.7% of new listings and 18.7% of sales in the first quarter of 2013, down 3.1% for new listings and up 0.1% for sales when compared to the fourth quarter of 2012, respectively.
\n\u2022 Bank owned\/REO properties comprised 9.0% of new listings and 11.9% of sales in the first quarter of 2013, up 0.1% and 1.7% from the fourth quarter of 2012, respectively.<\/p>\n

If you’d like more information 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":"

Graphics are now available showing the number of bank owned properties and short sales in all areas of the RMLS\u2122 system during the first quarter of 2013.<\/p>\n","protected":false},"author":5,"featured_media":0,"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":[104,469],"series":[],"episode_featured_image":false,"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 First Quarter (January-March) 2013<\/a><\/blockquote>\n