Friday Foreclosure Report February 19th

Dated: 02/20/2016

Views: 782

Here's your Northern KY Foreclosure Week In Review --


As of close of business on Friday, February 19th, 2016 Northern KY MLS statistics reveal that, over the past 7 days, there were 18 new listings that came on the market, 21 listings went into "Pending" status, and 4 properties "Closed" escrow and were sold.


There are currently a total of 99 properties indicated as "REO" that are available for purchase on the Northern Kentucky MLS system, confirming that Inventory of "distressed" properties continues to dwindle. At the current pace --147 sales of REO properties over the previous 3 months (11/21/2015 thru 2/19/2016) -- there remains just over 2 months Housing Supply of REO in the Northern Kentucky market!!  Average Cumulative Days On Market is 65. Average List Price is $83,795 (the Median List Price is $79,900). The least expensive REO home for sale is currently located in Covington, KY and is priced at $10,000, while the most expensive remains the property in Owenton, KY listed at $525,000!


Our PICK OF THE WEEK this time is a 3 bedroom, 2.5 bath home located in Walton, KY, and is currently offered for sale at $142,200. The property is owned by HUD and is eligible for the $100 Down Payment program.  This property is located within an eligible area where the USDA Zero Downpayment Program may be used as well.  It's a great deal, with great financing options. What's stopping you from calling this place home?


Click on any picture in this report to see more information/pictures about each of these properties.  If no picture is present, it means that particular property is no longer available! 

To SEARCH for Northern KY properties while you're on the go, use my FREE mobile app.  To download the app TEXT 'terry' to 859-780-5527. 

PICK OF THE WEEK


579 Rosebud  Walton, KY 41094
CLICK HERE, or on the picture for Details.

NEW LISTINGS

{mls: 451950}
{mls: 452166}
{mls: 452112}
{mls: 452162}
{mls: 452183}
{mls: 452216}
{mls: 452223}
{mls: 451948}
{mls: 452115}
{mls: 452117}
{mls: 452189}
{mls: 452134}
{mls: 451934}
{mls: 452090}
{mls: 452118}
{mls: 452105}
{mls: 451846}
{mls: 452126}

SOLD THIS WEEK

911 West 33rd Street  Covington, KY911 W 33rd Street  Covington, KY
9 Days On Market
$20,275 -- 136.07% (SP to LP Ratio)
Seller: Wells Fargo
664 Sipple Drive  Covington, KY664 Sipple Drive  Covington, KY
5 Days On Market
$76,101 -- 104.25% (SP to LP Ratio)
Seller: HUD
118 Lawrence Lane  Florence, KY118 Lawrence Drive  Florence, KY
89 Days On Market
$96,500 -- 93.69% (SP to LP Ratio)
Seller: HUD
6227 Parker Lane, Mayslick KY6227 Parker Lane  Mayslick, KY
19 Days On Market
$98,000 -- 93.33% (SP to LP Ratio)
Seller: HUD

LEAST EXPENSIVE / MOST EXPENSIVE

{mls: 451775}
{mls: 438557}
11 Days On Market
$10,000
Seller: HUD
416 Days On Market
$525,000
Seller: WBI Assets, LLC

Northern Kentucky Foreclosure Deals


Terry Eibeck and Regional Realty specialize in REO Real Estate. We have the tools, time, staff and market experience to provide you with professional results!.  To see any property listed for sale throughout Northern KY, Lexington-Bluegrass and Greater Louisville MLS give us a call at (859) 620-7653. Visit us on the web at www.nkyHomeHub.com


To search all properties for sale in the Northern KY MLS download my free app by texting 'terry' to 859-780-5527

Image title

 

Featured properties may not be listed by the office/agent presenting this brochure.  Information has not been verified, is not guaranteed and is subject to change.  The data relating to real estate for sale on this report comes in part from the Internet Data Exchange program of Northern Kentucky MLS. 

Blog author image

Terry Eibeck

Terry is the Principal Broker at Regional Realty. He is a motivated Realtor specializing with investors and new home buyers located in the following areas; Alexandria, Ft. Thomas, Ft. Mitchell, Indepe....

Want to Advertise on this Site?

Latest Blog Posts

KHC Loan Programs

The DilemmaOne of the most popular objections of my friends and other millennials about purchasing a home is they can't afford it. These days with all the assistance available for home buyers, money

Read More

254 Van Voast And My First Open House

**If you don't want to hear about my first experience with an open house and would rather read about the house itself, scroll to the purple text.**My first open house was on October 27, 2019

Read More

Terry Test

This is my Header Describing whats in the tableCLICK HEREGet A FREE Copy Of The Home Buyer's GuideALREADY OWN YOUR HOME? SEE WHAT IT COULD BE WORTH IN TODAY'S MARKETGo mobile with your Northern

Read More

Mortgage Affordability

Are you dreaming of homeownership but don't know where to begin?  Well you are not alone!  Here is a link to help you determine how much you have to spend on a home and let you know what a

Read More