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Welcome to Heather Vandermyde's Real Estate Blog......

I hope you enjoy the weekly real estate updates. They will come in the form of videos,statistics,pictures, and text. Please check back weekly to find out the latest! Thanks for stopping by! If you know anyone interested in buying or selling real estate on the outer banks please let me know.

Tuesday, January 25, 2011

STATS for 2010 -

Interesting how many distressed sales are on the market vs  "traditional" sales  on the market, yet what's actually sold in 2010 were mostly distressed sales. Over 40% of the sold listings for 2010 were distressed sales.   Most people think the "best" deal on the market is the foreclosure or the short sale, but that's not always true. Consult your realtor for more information.


The average total of new listings per month for 2010 were 375
%of active  distressed listings 16% (actual for 12/10)
% of closed distressed sales monthly for 2010 were 40% Average of 2010.
Total number sold each month for 2010 was 127

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