distressed sales dropped to 29 of market: Distressed Sales Dropped to 29% of Market - 05/01/12 04:23 AM
Distressed sales go through several stages – the initial overdue status for mortgage payments, the actual foreclosure by the financial institution, and the final sale of the property, frequently by Realtors® through the MLS.
Measured at the MLS sales level, distressed sales have hovered in the 30 to 35 percent range for a number of years, with heavy sales concentrations in a few states. According to the latest Realtors® Confidence Index, as of March 2012, distressed sales were 29 percent of total sales. Realtors® in some areas are reporting shortages in inventory as demand picks up and have indicated that additional … (2 comments)

 
Suzi Boyle,Manager 37810/1251, Awarded"Nation's Top 200"--10 times (Castle & Cooke Mortgage, LLC, NMLS #1816289)

Suzi Boyle,Manager 37810/1251

Awarded"Nation's Top 200"--10 times

Boise, ID

More about me…

Castle & Cooke Mortgage, LLC, NMLS #1816289

Address: 512 N 13th Street, Boise, ID, 83702

Mobile: 208-859-3303

Office: 208-202-7890

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