DSNews BY: Brian Honea December 3, 2015 Why Are Discounted Distressed Sales Not Pulling Down Non-Distressed Home Prices? When distressed properties account for a large share of all residential home sales, it tends to pull down the prices of non-distressed homes, since foreclosed and REO properties typically sell at a discount to non-distressed […]
Tag: Short Sales
Real Estate Capital Firm Publishes Online Short Sale Guide
DSNews Author: Brian Honea February 24, 2015 Florida-based JWB Real Estate Capital has published its online investment property short sale guide to provide information for property owners on foreclosure prevention. While foreclosure numbers have declined since 2007, many homeowners still face the threat of foreclosure when their mortgage payment becomes overdue. While legal processes vary among states, […]
Total Home Sales and Prices Tick Slightly Upward in March
DSNews BY: Colin Robins April 24, 2014 According to RealtyTrac’s latest Residential and Foreclosure Sales Report for March and Q1 2014, U.S. residential properties sold at an estimated annual pace of roughly 5.2 million homes in March, a .4 percent increase from February, and up 8 percent from the previous year. The median sales price for […]
Freddie Mac: Short Sales More Attainable Than Homeowners Think
DSNews – BY: Krista Franks Brock, 1/13/2014 When a homeowner is unable to make their mortgage payments or owes more on the home than it’s worth, a short sale can be a viable option that avoids the negative implications of a foreclosure for both the homeowner and the mortgage-holder. However, common perceptions […]