Survey Finds Short Sales Outnumber REO in January Purchases

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How to buy CHEAP REAL ESTATE Deals. Despite the overall decrease in distressed sales and investor activity, the survey reported short sale activity has gone up for investors, with investor short sale purchases up to 35.3 percent, an increase from 31.8 percent in March and 30.5 percent in April 2012.

Survey Finds Short Sales Outnumber REO in January Purchases With housing inventory remaining tight in recent years, millennials and baby boomers are often going head-to-head when making offers on a limited number of homes.

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Short sale market decision potential borrowers Survey Finds Short Sales Outnumber REO in January Purchases Survey finds nearly 50 percent of home purchases are distressed properties.. Average home prices for all four categories of properties-damaged REO, move-in ready REO, short sales, and non-distressed-declined from January to February in.

LPS Finds Foreclosure Starts Declined in January but Outpaced Sales. to a survey said short sale transactions are still taking too long.. who signed contracts in January for the purchase of.

California real estate agents say that lenders are unresponsive to efforts to sell under-water homes, killing four out of every 10 “short sale” transactions that go under contract, a state survey..

Top 5 states for home price growth The five-year appreciation rate (from June 2013 to June 2018) for the low-price tier was 51 percent, compared with five-year appreciation of 40 percent for the low- to middle-price tier, 35 percent for the middle- to moderate-price tier, and 27 percent for the high-price tier.

(REO stands for Real Estate Owned, the term used once a bank or lender takes a property back by foreclosure or deed in lieu of foreclosure.) These bargains don’t appear to be letting up anytime soon; currently there are 13 active REO’s on the market plus 91 active short sale possibilities. Another 57 short sales are pending as of this writing.

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Survey Finds Short Sales Outnumber REO in January Purchases A national survey conducted last year found that 58 percent of high. and it’s the most common way many kids communicate with their peers. Even during short car rides it’s not uncommon for messages.

Community lenders baffled to see major trade groups push Wall Street agenda Wolters kluwer warns trid brings steep learning curve higher pay drives home sales, but most new jobs are low wage The 8 lowest-paying jobs in America. Low-wage jobs have always been part of the economic landscape, but wages have been suppressed for many years now..

Unsold inventory is at a 3.9-month supply at the current sales pace, down from 5.1 months in November and the lowest since January. (foreclosures and short sales), days on market, first-time buyers.