Tweet Very interesting video and article by the Associated Press today along with commentary from the LA Times: Some startling information from the AP this morning indicating that sales of previously owned homes are down over 27% in July. The credit for this has partially to do with the expiration of the federal tax credit [...]
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Posted in Market News
Tagged market, NAR, news, realtors, short sale, short sales, trends
Tagged market, NAR, news, realtors, short sale, short sales, trends
Tweet Short post – a quick chart that shows year-over-year changes for different markets. The crux of the chart is that short sales are increasing as a % of transactions ongoing, further proof we are in the “Year of the Short Sale” Information courtesy DataQuick
Tweet From DSNews, 29% of all home sale activity in January was distressed properties. That’s very close to 1 in 3, and a testament to the housing struggle that still persists. This number represents the highest level of distressed activity since April 2009. According to First American CoreLogic’s analysis, REO sales increased to 22 percent [...]
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Posted in Market News
Tagged distressed, reo, reports, short sale, short sales, statistics, trends
Tagged distressed, reo, reports, short sale, short sales, statistics, trends
