Here's your Northern KY Foreclosure Week In Review --
As of close of business on Friday, February 26th, 2016 Northern KY MLS statistics reveal that, over the past 7 days, there were 18 new listings that came on the market, 15 listings went into "Pending" status, and 8 properties "Closed" escrow and were sold.
The net result of this week's market activity was an increase in available foreclosure properties on the market to a current level of 104 (up from 99 last week). Average Cumulative Days On Market remains steady at 64 days (down from last week's reported 65 days). Average List Price is $83,395, while the Median List Price is $72,050 -- Both down just slightly from last week. The least expensive REO home for sale once again this week is 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 5 bedroom, 3 bath home located in Independence, KY, and is currently offered for sale at $129,900. This home is located within the Old Kentucky Home subdivision off of Walton-Nicholson Road and in situated on just over a half acre lot within a cul-de-sac street. The back yard has HUGE, mature trees and backs up to wooded acreage. You can see neighbors to each side of you (and of course, out the front door) but if you happen to be looking for a home that features a country-like feeling while offering the conveniences of a suburban location, you should take a look at this one. By the way -- You might be interested to know that this home is in an area where a Special Program Offers Zero Down Home Loans On Eligible Properties In Independence Kentucky
Act quickly, because this home is a winner and it won't be on the market very long!!
REMEMBER: 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
SOLD THIS WEEK
5228 Asbury Road Augusta, KY 167 Days On Market $31,500 -- 92.65% (SP to LP Ratio) Financing: Cash Seller: HUD
462 W Third St, Maysville, KY 217 Days On Market $34,000 -- 52.93% (SP to LP Ratio) Financing: Cash Seller: HUD
151 Derby Dr, Crittenden, KY 18 Days On Mkt A$39,000 -- 90.70% (SP to LP Ratio) Seller: HUD
31 Delta Ave, Fort Thomas, KY 195 Days On Mkt $41,900 -- 100.96% (SP to LP Ratio) Seller: HUD
3 Drexel Ave, Florence, KY 17 Days On Mkt $43,100 -- 100.23 (SP to LP Ratio) Seller: HUD
192 Frogtown Rd, Union, KY 45 Days On Mkt $45,000 -- 84.91% (SP to LP Ratio) Seller: FannieMae
165 Jenna Dr, Verona, KY 116 Days On Mkt $46,000 -- 83.79% (SP to LP Ratio) Seller: FreddieMac
3066 Oxford Terrace, Burlington, KY 111 Days On Mkt $165,375 -- 87.09% (SP to LP Ratio) Financing: Conventional Seller: CitiBank
LEAST EXPENSIVE / MOST EXPENSIVE
18 Days On Market $10,000 Seller: HUD
423 Days On Market $525,000 Seller: WBI Assets, LLC
ACTIVE INVENTORY - BY THE NUMBERS
FIRST-TIME HOME BUYER? As a first-time Home Buyer you probably have lots of questions - especially if you're considering purchasing a home that may need some repairs before you can occupy it. If that is the case, check out this great blog post that explains How To Buy A Home and Finance The Cost Of Repairs Into The Loan
Terry Eibeck and Regional Realty specialize in Residential and 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
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.
At Regional Realty, we are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
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....
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
to real estate for sale on this website comes in part from the Internet Data Exchange program of NKY MLS (last updated October 22, 2021 11:26 PM UTC). Real estate listings held by brokerage firms other than Regional Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.