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Distressed Sales Continue to Decline

By
Mortgage and Lending with Castle & Cooke Mortgage, LLC, NMLS #1816289 NMLS #37810 /1251

According to the July REALTORS Confidence Index, twenty four percent of sales are distressed sales compared to thirty nine percent last year.  Cash sales accounted for 39% of distressed sales. There is actually multi-bidding on foreclosed and short sale properties.

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Comments (2)

Dana Hollish Hill
Hollish Hill Group, JPAR Stellar Living - Bethesda, MD
REALTOR * Broker * Coach
Wow! Interesting numbers. I have to start reading this statistical reports to see how it is impacting my area. Thanks for sharing. Where did you find this data?
Sep 08, 2012 08:59 AM
Suzi Boyle,Manager 37810/1251
Castle & Cooke Mortgage, LLC, NMLS #1816289 - Boise, ID
Awarded"Nation's Top 200"--10 times

Thanks Dana-the national website for REALTORS.com

Sep 08, 2012 09:28 AM