As of November 6, 2009 30% of available listings in Marin County are in escrow.
For the month of October 2009 only 221 homes sold in Marin County, for an average final selling price of $884,000.
Of the 221 homes that sold 53 were distress sales.
The range of final selling prices was from a low of $120,000 to a high of $9,200,000.
It took these homes an average of 104 days to sell.
To see everything that is currently available for sale through our MLS, click here.
To learn more about this area, visit my website or feel free to contact me directly.
I am looking at alternative new investment opportunities and I have found a new resource for Distressed Debt Investing through buying pre-foreclosure notes through auction. Has anyone been engaged in this activity. One sight that I have found offers auctions on these properties, and I would like to know if anyone has used them or knows of similar websites out there targeting Distressed Debt Investing… Check out http://www.RealtyNoteBid.com and let me know your thoughts…have you used them? Do you know anyone who has? Any feedback? Do you have any other resources / info that might help in my understanding this investment channel.