{"id":8998,"date":"2016-01-27T16:00:49","date_gmt":"2016-01-28T00:00:49","guid":{"rendered":"http:\/\/rmlscentral.com\/?p=8998"},"modified":"2016-01-27T15:33:20","modified_gmt":"2016-01-27T23:33:20","slug":"2015-distressed-residential-properties","status":"publish","type":"post","link":"https:\/\/rmlscentral.com\/v1\/2016\/01\/27\/2015-distressed-residential-properties\/","title":{"rendered":"2015 Distressed Residential Properties"},"content":{"rendered":"
\"image_pdf\"<\/a>\"image_print\"<\/a><\/div>

The chart below shows the number of bank owned\/REO and short sales in all areas of the RMLS\u2122 system during 2015<\/a>.<\/p>\n

\"ALL<\/a><\/p>\n

All areas when comparing percentage share of the market 2014 to 2015:<\/strong>
\n\u2022 Comparing 2014 to 2015, distressed sales as a percentage of closed sales decreased from 10.4% to 8.8%.
\n\u2022 New listings increased\u00a0from 68,291 to 73,624, which is a 7.8% increase.
\n\u2022 Short sales comprised 2.0% of new listings and 2.2% of sold listings in 2015,\u00a0down 1.3% and 1.9% from 2014 respectively as a percentage of the market.
\n\u2022 Bank owned\/REO properties comprised 5.6% of new listings and 6.6% of sales in 2015, increasing from 5.2% and 6.3%, respectively, in 2014.<\/p>\n

Portland metro when comparing percentage share of the market 2014 to 2015:<\/strong>
\n\u2022 Comparing 2014 to 2015, distressed sales as a percentage of closed sales decreased from 8.6% to 7.4%.
\n\u2022 New listings rose from 37,283 to 40,427, which is a 8.4% increase.
\n\u2022 Short sales comprised 1.9% of new listings and 2.1% of sold listings in 2015, down 1.4% and 1.8% from 2014 respectively as a percentage of the market.
\n\u2022 Bank owned\/REO properties comprised 4.8% of new listings and 5.3% of sales in 2015, increasing from 4.2% and 4.7%, respectively, in 2014.<\/p>\n

Clark County when comparing percentage share of the market 2014 to 2015:<\/strong>
\n\u2022 Comparing 2014 to 2015, distressed sales as a percentage of closed sales decreased from 14.6% to 8.3%.
\n\u2022 New listings rose from 9,607 to 10,506, which is a 9.4% increase.
\n\u2022 Short sales comprised 2.9% of new listings and 3.0% of sold listings in 2015, down 1.8% and 3.2% from 2014 as a percentage of the market.
\n\u2022 Bank owned\/REO properties comprised 3.5% of new listings and 5.3% of sales in 2015, decreasing from 5.8% and 8.4% respectively in 2014.<\/p>\n

Below are links to additional charts for some of our larger areas:
\nPortland Metro Area<\/a>
\nClark County, WA<\/a>
\nLane County, OR<\/a>
\nDouglas County, OR<\/a>
\nCoos County, OR<\/a><\/p>\n

If you want information on percentages of distressed sales in other areas not represented by our charts, please contact us at communications@rmls.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Year-end statistics for distressed properties around the RMLS\u2122 region.<\/p>\n","protected":false},"author":5,"featured_media":8999,"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":[12,28],"tags":[104,268],"series":[],"episode_featured_image":"https:\/\/rmlscentral.com\/v1\/wp-content\/uploads\/2016\/01\/ALL-AREAS-2015-Distressed-Properties.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":"

2015 Distressed Residential Properties<\/a><\/blockquote>\n