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Foreclosure Trends

By
Industry Observer CDRE #01044712

In June of 2014, RealtyTrac reported currently 1,114,483 properties are distress or  REOs, while 1,131,067 homes are for sale on RealtyTrac.com. Overall, properties received a foreclosure filing in May of 2014 were 5% lower than April 2014 and 26% lower than the same period previous year. 

Home sales were higher 17.0% in April of 2014, from March of 2014, but lower 23% from April 2013. The median list price of homes was $199,950, median sales price of a non-distressed home was $182,000, while median sales price of a distressed home was 36.0% lower to $115,700 price.

For complete more detailed information about RealtyTrac distress properties report, please CLICK HERE

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John Pusa

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