Survey Finds Short Sales Outnumber REO in January Purchases

Short Sale Properties The main types of distressed properties are short sales, which occur when mortgage lenders agree to accept a lower payoff amount that what’s actually owed on a home mortgage. Short sales can help a homeowner avoid foreclosure, while allowing you to.

NAR survey shows how college, student debt affect homeownership Student Debt and Millennial Homeownership. Homeownership is a distant goal for most millennials. We estimate that college grads without debt need 7.6 years to save a 20 percent down payment for a condo, compared to 11.9 years for college grads with debt, and a staggering 16.7 years for those without a college degree. In many parts of the country,

Find out why Short Sale Homes are the new deals  · Comprehensive data powerhouse RealtyTrac recently released their Q3 2016 U.S. Home Sales Report which showed distressed sales (including REO’s. sales of homes actively in foreclosure, and short sales) made up 12.9% of all U.S. single family home and condo sales in the 3rd quarter of 2016. This number was down 2.1% from the previous quarterRead More

Housing Wire – "Survey Finds short sales outnumber reo in January Purchases" (2-22-10) "Short sales accounted for 15.9% of home purchases in January, surpassing the share of other distressed property activity, when real estate owned (reo) properties are measured separately, according to a monthly Campbell/Inside Mortgage Finance (IMF.

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The share purchases taken up by short sales surpassed the share of move-in-ready REO purchases (13.8%) and damaged REO (13.4%). Survey Finds Short Sales Outnumber REO in January Purchases Sign In

"SOL" Homes: Virginia MLS Foreclosures, REO, Short Sales Defined + Email Alerts Tweet Newspapers are filled with talk of the flood of foreclosures, but none that I have seen have taken a step back and defined all the different industry words for my new industry word: “SOL” (S* Out of Luck) Homes , and how to buy them. 2-3% of MLS listed.

Report on Nevada’s Housing Market November 2016 This series of reports on Nevada’s Housing Market is presented by the Lied Institute for. Date (January 2000 – November 2016) REO Sales Short Sales Note: Series are 3-month weighted moving averages. Single-Family Distress Sales.

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FDIC Warns Banks on HELOC Freezes, REO Management survey finds short sales Outnumber REO in January Purchases In Housing, a Supply Problem of Epic Proportion Jump directly to links further down on this page: Canadian Government Links * Canada Mortgage and Housing Corporation (CMHC) * Homelessness Partnering Strategy * Links to Provincial and.