Clearwater Beach Short Sales – Foreclosure Report for September 2011
Clearwater Beach FL - Update from your Clearwater Beach short sale specialists on what’s selling and how is the Clearwater Beach real estate market being impacted by property distressed sales. Here’s what’s really selling in Clearwater beach right now. You hear a lot in the news and we’re getting to that time of year when everyone starts coming down and if you listen to the news you;d think we’re giving property away – not true – here are the facts and a little bit of a reality check for September 2011.
Watch the Video to see detailed analysis, pictures, MLS info and more this months Clearwater Beach Real Estate Market Report
Clearwater Beach Condos Selling
There were 272 Clearwater Beach condos for sale and 68 pending sales including 44 which are Clearwater Beach short sales. Now let’s look at what really sold with regards to Clearwater Beach Real Estate last month be him sold:
- 27 Clearwater Beach condos sold
- 2 were Clearwater Beach Short Sales
- 3 were Clearwater Beach Foreclosures / Bank Owned / REOS
Clearwater Beach Houses Selling
There were 70 homes for sale along with 14 additional Clearwater Beach homes for sale under contract and 6 that are Clearwater Beach short sales. Now let’s look at what really sold with regards to Clearwater Beach Homes for Sale last month be him sold:
- 6 Clearwater Beach homes sold (Includes Island Estates, Sand Key & Clearwater Beach area)
- 0 were Clearwater Beach Short Sales
- 2 were Clearwater Beach homes that were Foreclosures / Bank Owned / REOS
FACT: Less than 20% of what’s selling are Clearwater Beach short sales or foreclosures. In addition I would say that at any moment in time at least 20% of the market is going to be distressed sales because you always have got divorced going or people are relocating or their financial situation is changing, people get laid off or lose their jobs. It’s for all these reasons and more that I still the best deals that are often negotiating offers on properties have equity and the Clearwater Beach sellers can make a deal because they’re motivated.
FACT: This was a quick update to let you know that the bottom line on Clearwater Beach real estate is that there are currently 50 short sales in Clearwater Beach with accepted offers pending bank approval and only two a month are successfully closing that means 96% may just be wishes and dreams and serious Clearwater Beach buyers can be missing the real opportunities in this market. Inventory is way down since May of this year and prices are inching up and interest rates are at historic lows – What are you waiting for. Now is the time to take advantage of this market.
So if you’re somebody who really wants to know what’s going on in the beach market I’d be happy to help you our team specializes in Clearwater Beach real estate as well as helping sellers with short sales and avoid foreclosure visit our site specifically for sellers here > Clearwater Beach FL Short Sales
If you are someone who has short sale questions, someone who wants to avoid foreclosure, want to do a loan modification and need help Right Now then I suggest you pick up the phone and call Jack Haydon directly at 727-422-8901 right now.
He can help you and answer your questions or put you in contact with the other members on our team. A Certified Public Accountant, an Attorney experienced in Short Sales and more. You can be comfortable knowing there is never any pressure from us, just helpful information to educate and empower you in this process.Cyndee & Jack Haydon, Clearwater Beach Realtors with Charles Rutenberg Realty.
Disclaimer: The content provided is for informational purposes only. We can not give legal or tax advice. It is highly recommended that you consult with an attorney and tax accountant regarding the specifics of your situation to determine the best solution for you.
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