So far this year we have closed approximately 1970 homes
And the breakdown is as follows:
Bank Owned-Foreclosures
REO 525
HUD 76
VA 20
Total Bank Owned OR Foreclosure Sales 621
Short Sales: Total closed ytd 2011 396
Total seller owned (traditional sale) 948
****Conclusion: Approx 49% were traditional sales AND 51% were some variety of distress sale.
Comments(0)