Distressed Sales Archive

Distressed Sales at 14 Percent of Sales in Latest RCI Report

Distressed property sales remained at 14 percent of sales reported by REALTORS® in November 2013 [1]. This is substantially down from levels a few years ago when distressed property sales accounted for close to 30 percent of sales. This...

Existing Home Sales by Price Category

Did You Know: More than 11% of homes sold had a sales price over $500,000, and sales growth was highest among homes in above-median-priced categories. In spite of the price variation by region, when summed to the regional level...

Distressed Sales Continue to Fall

In line with the broad decline in foreclosure inventory, distressed sales continue to make up for a smaller share of overall residential sales. Approximately 12 percent of respondents who reported a sale in the August REALTORS® Confidence Index Survey...

Declining Distressed Sales

Distressed property sales reached a new cyclical low in the past two months. Only 15 percent of all transactions were classified as being due to a foreclosure or needing a short-sale approval from a bank. This is a marked...