Short Sales & Foreclosures Archive
Primary Reason for Selling Previous Home
This blog post was written by Brian Horowitz, Research Survey Analyst. In 2005, the question “primary reason for selling previous home” was added to the Home Buyer and Seller survey. Historically, the results have unfluctuating results with a few slight...
April 22, 2016
Waiting on the Boomerang
Return or boomerang buyers have grown in numbers in recent years. Forecasts indicate that these former homeowners who experienced a foreclosure or short sale will return to the market in greater volume in the years ahead. However, lack of...
October 16, 2015
Distressed Sales: 10 Percent of Sales in April 2015
In the monthly REALTORS® Confidence Index Survey, NAR asks REALTORS® about the characteristics of their last sale for the month. For reported sales for April 2015, distressed sales accounted for 10 percent of sales (10 percent in March 2015;...
June 3, 2015
Return Buyers: Many Already Here, Many More to Come
Executive Summary Default rates jumped in 2006 and between then and 2014 nearly 9.3 million borrowers were foreclosed on, received a deed in lieu of foreclosure, or short sold their home. To date, nearly a million of these former...
April 17, 2015
Return Buyers on the Rise
Millions of former homeowners experienced a foreclosure or shortsale over the last 9 years. Eventually these borrowers will return to the housing market. Participants in the 4th quarter Survey of Mortgage originators survey were asked if there was a...
March 17, 2015