If you need assistance, please call 401-232-7661

Distressed Sales Numbers Sink

Tuesday, March 12, 2013   /   by Nathan Clark

Distressed Sales Numbers Sink

 


Foreclosures and short sales in theUnited Statestotaled less than a million transactions in 2012, according to a leading foreclosure listing firm, down significantly from the previous two years.


 


RealtyTrac reported 947, 995 homes in some stage of foreclosure were sold nationwide last year, down 6 percent from 2011 and down 11 percent from 2010. Also, distressed sales made up just 21 percent of all home sales, down from 23 percent of all sales in 2011 and down from 28 percent in 2010.


 


The firm reported that pre-foreclosure sales actually rose 6 percent from the previous year, but that was more than balanced by a 15-percent drop in the sales of bank-owned homes.

Your Home Sold Guaranteed Realty, The Nathan Clark Team
39 Cedar Swamp Rd
Smithfield, RI 02917
401-232-7661

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.© 2024 State-Wide Multiple Listing Service. All rights reserved.
This site powered by CINC: www.cincpro.com