Distressed sales

Aug. 9, 2016

Real Estate Values Today Compared to Pre-2008 Peak

This housing market has many people talking about home values; where they are and where they are headed. It’s also interesting to look back and see how home prices compare to values prior to the housing crisis.

Every quarter, Freddie Mac releases their House Price Index. The index usually ...

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Feb. 6, 2014

Expired short sale tax relief may impact home sales

NEW YORK – Feb 6, 2014 – According to Fitch Ratings, the recently expired tax relief provided by the Mortgage Forgiveness Debt Relief Act (MFDRA) of 2007 may lead to modestly negative pressure on liquidation timelines as potential short sellers hold off listing their home. The longer it takes for ...

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Posted in Distressed sales
Jan. 24, 2014

RealtyTrac: Distressed sales 16% of 2013 U.S. sales

IRVINE, Calif. – Jan. 23, 2014 — RealtyTrac released its December and Year-End 2013 U.S. Residential & Foreclosure Sales Report today. It found that total home sales – single-family homes, condominiums and townhomes – saw a 1 percent increase for month-to-month and a 10 percent sales increase year-to-year.

However ...

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Posted in Distressed sales