According to data pulled from the GSREIN MLS; during the year 2011, there were 2599 residential homes sold in St Tammany Parish Louisiana, of this number, 545 of them were listed as Real Estate Owned / Bank owned properties, which equates to 21%.
Over 1 in 5 homes sold in St Tammany during 2011 was listed as an REO… Hmmm…
Thank you
Marc