Distress Property Stats December 2016

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CBRE #01044712

In January of 2017, ATTOM Data Solutions parent of Realtytrac.com reported there were 846,248 distress properties in December of 2016 declined 1.0% from November of 2016, and fell 17.0% from December of 2015. One in every 1,537 U.S. properties with a foreclosure filing, and State of New Jersy was the highest with one in every 487 housing units in foreclosure filing in December of 2016. While, pre-foreclosures were 30.0%, auctions were 35.9%, and REOs were 34.1% in December of 2016.

Pre-foreclosures fell 12.2% in December of 2016 from November of 2016, and down 10.6% from December of 2015. Auctions declined 3.0% in December of 2016 from November of 2016, and lower 11.6% from December of 2015. REOs decreased 7.9% in December of 2016 from November of 2016, and dropped 26.1% from December of 2015.

For complete more detailed information about RealtyTrac.com distress properties stats for December of 2016, please CLICK HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

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Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

This type of property is harder to find now days.  Not as much on  the market.

Jan 13, 2017 05:03 PM #1
Rainmaker
2,306,652
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

William Feela You are right. Nowadays, distress properties harder to find. Thanks for the comment.

Jan 13, 2017 05:09 PM #2
Rainmaker
816,957
Sheila Newton Team Anderson & Greenville SC
Berkshire Hathaway HomeServices - C. Dan Joyner - Anderson, SC
Selling the Upstate since 1989

are market is also short on distress properties lately.. it makes it really hard for the investors to find a good deal

Jan 13, 2017 08:35 PM #3
Rainmaker
2,306,652
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Sheila Newton Team -- Anderson & Greenville SC Real Estate Yes, nowadays, investors can't locate good distress properties. Thanks for the comment.

Jan 13, 2017 08:38 PM #4
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Rainmaker
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John Pusa

Your All Time Realtor With Exceptional Service
I will be very happy to assist you with your real estate needs.
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