Foreclosures Archive

Foreclosures on the Decline, with Large Inventory in New York, New Jersey, and Florida

Sales of distressed properties accounted for four percent of sales in October 2017, a decline from a peak of about 50 percent in 2009, according to the  October 2017 REALTORS® Confidence Index Survey.  From October 2008-October 2017, NAR estimates...

Year-to-Year Comparisons of What Realtors® Have Been Saying About the Housing Market

This blog post was written by Karen Belita, Data Scientist. In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members if they have additional comments or information regarding the demand, demand-supply conditions, changing buyer profile...
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May 4, 2017

Distressed, Investment, and All-cash Sales Continued to Decline in 2016

REALTORS® reported that sales of distressed properties continued to fall in 2016, according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] Distressed sales accounted for...

Sales for Investment Purpose: 13 Percent of Residential Sales in October 2016

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members the characteristics of the most recent sale that closed in the reference month, including “Did the buyer purchase the property as an investment property?” Investment...

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...