The number of real estate sales in April has increased drastically over last year at this time. Of course, last year everyone was reeling over the stock market crash and trying to hang on by their fingernails.

Ten sales were racked up for the month of April! Half of those sales were foreclosures. Most of the others were second homes.

Here is the story of a seller who chased the market down, went to foreclosure and the buyer got one hec of a deal in this market. The seller first listed at $567,500 in 8/08. At the time the seller went into foreclosure the price was $474,900. The bank listed the house at $459,500 on 11/2009. The house closed in April 2010, while listed at $435,000 for $350,000! That is nearly 40% of the original list price!

Relton Lane Waterfront Home Brightwood, Oregon