Distressed Sales May Reach “Normal” By 2017 – DSNews
The total distressed sales, including short sales and real estate-owned (REO), for April 2016, fell again this month putting these sales 3 percentage points below April of 2015 and 1.7 percentage points from the previous month, March 2016, according to recent data released by CoreLogic. If the current year-over-year decrease in the distressed sales share continues, it will reach that “normal” 2-percent mark in mid-2017. Continue Reading
