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RealtyTrac Foreclosure Report

By
Industry Observer CDRE #01044712

In January of 2014, RealtyTrac reported that in December 2013, nationwide there were 1,227,823 distress properties in default, auction, or REO, while 911,821 homes were for sale on RealtyTrac.

In December of 2013, nationwide foreclosures were 2% higher from November 2013, but 29% lower from December 2012. The average distress home sales price was $110,000 significantly 38% lower from non-distress home in November 2013. Nationwide one in every 1136 homes was in foreclosure, Florida had the highest foreclosure rate with one in every 409 homes, in December 2013.

For complete more detailed information about RealtyTrac nationwide distress homes in December 2013, please CLICK HERE

Posted by

John Pusa

Better way to buy and sell real estate

Office (818) 441-8881

Mobile (818) 441-8881

Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

John, according to the report, many areas are seeing their median price increase, while sales are slowing, and foreclosures are decreasing over last years numbers.

Apr 04, 2014 04:27 AM