Google+
  • Ocwen10.70-0.12 -1.11%
  • Zillow76.91-2.64 -3.32%
  • Trulia+0 +0%
  • NationStar17.89-0.03 -0.17%
  • CoreLogic39.10-1.31 -3.24%
  • RE/MAX38.55+0.02 +0.05%
  • Fannie Mae2.41-0.13 -5.12%
  • Freddie Mac2.34-0.09 -3.70%
  • Wells Fargo57.59-0.19 -0.33%
  • CitiMortgage57.96-0.74 -1.26%
  • Bank of America17.67-0.23 -1.28%
  • Fidelity National Financial38.95-0.03 -0.08%
  • First American39.66-0.62 -1.54%
  • AUDUSD=X0.7300+0.0033 +0.4472%
  • USDJPY=X123.4460+0.1860 +0.1509%
  • WP Stock Ticker
Home | Tag Archives: REO

Tag Archives: REO

Distressed Sales Share Continues Year-Over-Year Decline, Falls to 12.1 Percent

bank-owned-two

*+-March's distressed sales share was the lowest percentage for any March since 2007. According to CoreLogic, distressed sales usually experience a month-over-month decline in March due to seasonality; this past March, the distressed sales share fell by 1.9 percentage points from February. According to CoreLogic, 8.4 of home sales were REO (real estate-owned) transactions in March 2015, while 3.7 percent were short sales, totaling 12.1 percent.

Read More »

REO Share Still Way Above ‘Normal’ Levels in Many Metros

bank-owned-price-reduced

*+-In CoreLogic's May 2015 MarketPulse released earlier this week, Boesel examined the question of whether or not REO share was headed back toward "a more normal level." Its most recently measured rate of 10 percent is far below the share at the worst of the crisis, which was 28 percent. In some metros, the REO share got as high as 70 percent at the worst of the crisis.

Read More »

REO Cash Sales Share Hovers Near 60 Percent

bank-owned-five

*+-The REO cash sales share percentage of 59.8 for February still has not completely recovered from what was termed a seasonal decline from November, when fell from 61.1 percent to 58.4 percent, though it did move back up to 60 percent for January.

Read More »
Scroll To Top