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More Than 1 In 4 Homes Sold Is "Distressed"
We have been keeping an eye on REO and short sales in Tallahassee, wondering if there was going to be a gradual rise in distressed property sales as the year comes to a close. Our list of REO and short sale homes for sale in Tallahassee has remained fairly stable, but the same cannot be said for closed sales. The summer months saw a turn-away from these types of sales, as the percentage of non-arms-length home sales declined after a 3 year run of growth.
The following is an interactive map which shows reo sales and short sales in Tallahassee, going back to the end of June this year. It provides a great visual for the concentration of distressed property sales, and by clicking on each property, you will see the details on the sale.
Map Of Recent REO And Short Sales In Tallahassee Note: If you receive the Tallahassee Real Estate Blog by email, the interactive map must be utilized on the website (just click here to link to the Tallahassee Real Estate Website)
REO And Short Sales In Tallahassee Change Trend The trend of falling distressed property sales has reversed, as the past two months have shown a higher ... more

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