Davenport homes for sale and foreclosures

Asked by Iain, 33897 Thu Jan 29, 2009

Hi, I have a vacation home in the Davenport area and watch the market from the UK via Trulia. It seems to me that since December the number of foreclosure properties on the market has dropped dramatically.

Is this just me seeing a false picture from the data I see on Trulia, what is the impression from the real estate pros 'on the ground' out there, is there signs of some stability on the horizon ?

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Rick Aguirre, Agent, Orlando, FL
Thu Jan 29, 2009
Lain,
Great question,
Here is what I have found..
There are currently 95 active listings for homes in Davenport that are Bankowned ( foreclosures).
There are currently 68 Bank owned homes Pending ( with contracts for sale).
There are in the last 90 days 73 Bank owned homes sold.
So I think the answer to your question is buyers are finding Value in the homes,location and PRICE.
The numbers will continue to change and vary as time goes on.
Hope this helps,
Rick.
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