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	<title>Realty World - Providence Properties &#187; Sold</title>
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		<title>Hollister, San Benito County Real Estate Market Update for May 5, 2012</title>
		<link>http://lorimcclelland.com/2012/05/05/hollister-san-benito-county-real-estate-market-update-for-may-5-2012/</link>
		<comments>http://lorimcclelland.com/2012/05/05/hollister-san-benito-county-real-estate-market-update-for-may-5-2012/#comments</comments>
		<pubDate>Sat, 05 May 2012 14:37:00 +0000</pubDate>
		<dc:creator>Lori McClelland</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Bank Owned Homes]]></category>
		<category><![CDATA[Buyers]]></category>
		<category><![CDATA[Distressed homeowners]]></category>
		<category><![CDATA[Foreclosures]]></category>
		<category><![CDATA[Hollister]]></category>
		<category><![CDATA[Hollister Realtor]]></category>
		<category><![CDATA[Local Market Statistics]]></category>
		<category><![CDATA[Real estate broker]]></category>
		<category><![CDATA[REO's]]></category>
		<category><![CDATA[San Benito County]]></category>
		<category><![CDATA[San Benito County California]]></category>
		<category><![CDATA[Sellers]]></category>
		<category><![CDATA[Short Sale]]></category>
		<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[Sold]]></category>
		<category><![CDATA[VA loan]]></category>
		<category><![CDATA[Working By Referral]]></category>

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		<description><![CDATA[Solds_for_the_week_of_05-05-12[1] Single Family Residential _______________________________________________________ Actives: San Benito County-78 of which REO/Bank Owned-9 or 11.5%, Short Sales-15 or 19% Hollister-42 or which REO/Bank Owned-7 or 17%, Short Sales-14 or 33%   Pendings: San Benito County-195 of which REO/Bank Owned-30 or 15%, Short Sales-121 or 62% Hollister-161 of which REO/Bank Owned-21 or 13%, Short Sales-104 or [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://lorimcclelland.com/files/2012/05/Solds_for_the_week_of_05-05-121.pdf">Solds_for_the_week_of_05-05-12[1]</a><br />
<strong>Single Family Residential</strong><br />
_______________________________________________________<br />
<strong>Actives:</strong><br />
San Benito County-78 of which REO/Bank Owned-9 or 11.5%, Short Sales-15 or 19%<br />
Hollister-42 or which REO/Bank Owned-7 or 17%, Short Sales-14 or 33%<br />
 <br />
<strong>Pendings:</strong><br />
San Benito County-195 of which REO/Bank Owned-30 or 15%, Short Sales-121 or 62%<br />
Hollister-161 of which REO/Bank Owned-21 or 13%, Short Sales-104 or 65%<br />
 <br />
<strong>Absorption Rate:</strong><br />
San Benito County-.4 months supply of inventory or 12-Days<br />
Hollister-.26 months supply of inventory or 7.8-Days<br />
_______________________________________________________<br />
<strong>Solds for the Week:</strong> 17<br />
High: $570,000 REO/Bank Owned, New Conv 1st<br />
Low:  $162,500, REO/Bank Owned, All CASH<br />
Full-Price/Over-Asking: 9 or 53%<br />
_______________________________________________________<br />
<strong>Sale Type:</strong><br />
REO/Bank Owned-8 or 47%<br />
Traditional Sale-6 or 35%<br />
Short Sales-3 or 18<br />
_______________________________________________________<br />
<strong>Financing Type:</strong><br />
New Conv 1st-6 or 35%<br />
FHA Loan-5 or 29%<br />
USDA Loan-24%<br />
VA Loan-1 or 6%<br />
All CASH-1 or 6%</p>
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