REO and Distressed Property Sales Increased in August

Printer-friendly version
September 08, 2015

Real Estate Owned property, a reminder of the housing downturn, is now a popular realm to invest in. The market is a critical one as investors seek discount prices.

The MP Report says that REO property and short sales increased by 0.7 percent in August. Quarterly distressed saturation rose from 15.4 percent to 16.1 percent.

Distressed sales rates increased the most in the West, Midwest and South. Only the Northeast experienced a decrease in distressed saturation.

Read more

Comments on: "REO and Distressed Property Sales Increased in August"

July 2017

This Month in Professional Builder

Products
Features

Ashton Woods launched Starlight Homes to target entry-level home...

Overlay Init