{"id":113,"date":"2011-09-08T14:48:43","date_gmt":"2011-09-08T21:48:43","guid":{"rendered":"https:\/\/mykitsaprealestate.net\/wordpress\/?p=113"},"modified":"2012-02-18T15:55:37","modified_gmt":"2012-02-18T22:55:37","slug":"eye-on-the-n-kitsap-real-estate-market","status":"publish","type":"post","link":"https:\/\/mykitsaprealestate.net\/wordpress\/2011\/09\/08\/eye-on-the-n-kitsap-real-estate-market\/","title":{"rendered":"Eye on the N. Kitsap Real Estate Market"},"content":{"rendered":"<p><em>(For the most recent distressed property\u00a0data, <strong><a title=\"Monthly sales of bank owned foreclosures and short sales compared with total home sales in Kitsap County. January 2012 and 18 previous months data\" href=\"https:\/\/mykitsaprealestate.net\/wordpress\/2012\/02\/13\/monthly-sales-of-banbk-owned-foreclosures-and-short-sales-compared-with-total-home-sales-in-kitsap-county-january-2012-and-18-previous-months-data\/\">go here <\/a><br \/>\n<\/strong>for the most recent Kitsap County home sales and selling prices<strong> <a title=\"Home sales and average prices for Residential Real Estate in Kitsap County for January 2012 plus 18 months previous data\" href=\"https:\/\/mykitsaprealestate.net\/wordpress\/2012\/02\/13\/home-sales-and-average-prices-for-residential-real-estate-in-kitsap-county-for-january-2012-plus-18-months-previous-data\/\">go here<\/a><\/strong>)<\/em><\/p>\n<p>Currently as of Today, Sept 8, 2011 there are 330 resale properties that are &#8220;Sale Pending&#8221; (under contract) in North Kitsap\u00a0County.\u00a0 106 of the 330 are distressed\u00a0properties (Bank Owned &amp; Short Sales)\u00a0which is 32.1% of the total.\u00a0\u00a0 \u00a066\/106 are Bank Owned (REO&#8217;s) from foreclosure and 40\/106 are Short Sales, which are comprising an increasing percentage of the distressed properties being Sold, as lenders appear to increasingly be favoring Short Sales as opposed to going through the foreclosure process.<\/p>\n<p>This continues the relatively consistent trend during the past nearly 2 years, where distressed property sales have comprised between 30 &#8211; 39% of the total Sold properties in all of Kitsap\u00a0County.\u00a0\u00a0 Starting about 3 or 4 months\u00a0ago, we started seeing between 30 &#8211; 50% of the &#8220;Sold&#8221; distressed properties being comprised of Short Sales, where previously Short Sales consistently comprised only about 25% of the total number of distressed properties being Sold County-wide.<\/p>\n<p>-Brian Wilson, Broker<br \/>\nJohn L. Scott Real Estate &#8211; Poulsbo<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(For the most recent distressed property\u00a0data, go here for the most recent Kitsap County home sales and selling prices go here) Currently as of Today, Sept 8, 2011 there are 330 resale properties that are &#8220;Sale Pending&#8221; (under contract) in &hellip; <a href=\"https:\/\/mykitsaprealestate.net\/wordpress\/2011\/09\/08\/eye-on-the-n-kitsap-real-estate-market\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[6],"tags":[38,36,37,35],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/113"}],"collection":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/comments?post=113"}],"version-history":[{"count":3,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/113\/revisions"}],"predecessor-version":[{"id":709,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/113\/revisions\/709"}],"wp:attachment":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/media?parent=113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/categories?post=113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/tags?post=113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}