distressed sales dominate maket activity: Distressed Sales Take Larger Share of Market: First American
- 04/09/10 08:24 AM
Distressed properties, including short sales and REOs, accounted for 29 percent of all home sales in the United States in January, according to new data released Thursday by First American CoreLogic.The company says it’s the highest level of distressed transactions since April 2009, and not too far off from the peak in January 2009 when distressed sales accounted for 32 percent of all sales transactions.After declining through most of 2009, the rebound in distressed sales occurred due to increases in both the REO and short sales shares.According to First American CoreLogic’s analysis, REO sales increased to 22 percent in January 2010, … (0 comments)
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Distressed properties, including short sales and REOs, accounted for 29 percent of all home sales in the United States in January, according to new data released Thursday by First American CoreLogic.The company says it’s the highest level of distressed transactions since April 2009, and not too far off from the peak in January 2009 when distressed sales accounted for 32 percent of all sales transactions.After declining through most of 2009, the rebound in distressed sales occurred due to increases in both the REO and short sales shares.According to First American CoreLogic’s analysis, REO sales increased to 22 percent in January 2010, … (0 comments)
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