News: May HUD Closing Statistics
Abstract: In an effort to keep the realtor community up to date on what's happening in the HUD home market, United One Resources has compiled some statistics from the month of May for your review.
With a total of 90 closing for May and a total sales price of $3,993,040.00, the average price of a HUD home was $44,367.11.
Regional Breakdown:
Northeast PA Region:
- Total Closings: 6
- Total Purchase Price: $354,202.00
- Average Price: $59,033.67
- Average Days to close: 27
Philadelphia Region:
- Total Closings: 31
- Total Purchase Price: $1,523,824.00
- Average Price: $49,155.61
- Average Days to close: 46
Capitol Region:
- Total Closings: 11
- Total Purchase Price: $794,670.00
- Average Price: $72,242.73
- Average Days to close: 39
Pittsburgh Region:
- Total Closings: 32
- Total Purchase Price: $1,007,724.00
- Average Price: $31,491.38
- Average Days to close: 53
Western PA Region:
- Total Closings: 10
- Total Purchase Price: $312,620.00
- Average Price: $31,262.00
- Average Days to close: 37
Overall, on average it took 45 days to close a HUD transaction in May. Published on Thursday, June 25, 2009
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Effective October 3, 2011, the fee for each PIN certification in Lackawanna County, Pennsylvania will be $10.00. If a document contains multiple parcels, the cost for each PIN certification shall be $10.00 per PIN certified.
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Effective 1/4/2010, the Lehigh County Recorder of Deeds will be charging a $10.00 fee for the parcel number certification on all documents being presented for recording.
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Effective 1/1/2010, the Lebanon County Recorder of Deeds will be charging a $10.00 fee for the parcel number certification on all documents being presented for recording.
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Effective 1/1/2010, the York County Recorder of Deeds will be charging a $10.00 fee for the parcel number certification on all documents being presented for recording.
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Christine Dolan recently accepted the position of Regional Account Executive at United One Resources. With a passion and drive for success, Christine will lead all business development and client relationship activities in the Northeast Pennsylvania Region.
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