Articles Tagged with ''Distressed Sales''

CoreLogic: Paying cash for houses lowest in nearly 10 years

Cash sales now on track to hit pre-crisis level in mid-2019
Last year, the share of homes bought with cash fell to the lowest level since 2007, a new report from CoreLogic showed. But that's not the only data point that fell to a nine-year low last year. For the full-year 2016, the distressed sales share was also the lowest annual distressed sales share since 2007.
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Third-party sales at foreclosure auctions now higher than ever

Distressed sales hit 9-year low in 2016
Homeowners are benefiting from the low-inventory market as competition increases, pulling even foreclosure prices up. Competition is so fierce, in fact, that third party sales at foreclosure auctions reached an all-time high in 2016. But while the share of third party buyers is high, distressed sales reached a nine-year low.
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CoreLogic: REOs hit lowest point since 2007

Distressed sales decreased in June
CoreLogic’s latest report shows that REOs hit their lowest point since September 2007. In fact, all distressed sales continue to decline. At this rate, distressed sales are on course to hit pre-crisis levels by mid-2019.
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