Tag Archives: Distressed Sales

Distressed home sales fell in all but eight states across the country, according to a CoreLogic report.

Existing-home sales just completed an "outstanding" three-month run, according to National Association of Realtors Chief Economist Lawrence Yun. Can they add a fourth month to that streak? The industry will find out this week when NAR publishes the latest data.

How close are cash sales and distressed sales to reaching their pre-crisis levels, and what areas experienced the highest levels of these home sales?

With fewer REO properties available for investors, declines in REO sales trigger a further decline in cash transactions. Not all states are experiencing the same level of decline though.

The CoreLogic Home Price Index reported an increase in home price for the national single family combined tier, which included distressed sales, over the prior month and year-over-year.

US home sales continue to float in a healthy range as suggested by trends in the Ten-X Nowcast.

Distressed sales, including REO and short sales, decreased in May both month-over-month and year-over-year.

Distressed sales represented 6 percent of home sales in June, but as foreclosures decline further and the economy improves, the distressed sales share will likely decline further in the coming year, according to one economist.

The total distressed sales for April 2016 fell again this month and if the current year-over-year decrease in the distressed sales share continues, it will reach that "normal" 2-percent mark in mid-2017.

Since hitting their peak in January 2009, the percentage of REO and short sales that make up all residential home sales has been steadily declining. At what point will it reach its "normal" pre-crisis level?