reo distressed bank properties: More Than 1 In 4 Homes Sold Is "Distressed"
- 09/27/11 02:00 AM
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 … (22 comments)
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.
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