Does not bode well.

In Alameda County, foreclosures jumped 50% between July and August.

Currently in the 94501:

1,939 total properties are in distress

358 are pre-foreclosure

245 are trustee-sales

717 are bank-owned, with 36 listed (for sale) and 3 in live-auction

 

Of the 57 homes on the market:

20 are listed on the MLS

36 are banked-owned hot properties

1 is FSBO (for sale by owner)

 

About 30 homes total sold in August.

 

Source: RealtyTrac

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About Denise Lai

Alive. Swim (fly is the best). Walking with my dog (weims are the best). Life is good. Would prefer people understood negative externalities and prevented themselves from creating them. Feeling the love anyway. View all posts by Denise Lai

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