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CoreLogic: REOs hit lowest point since 2007

Mon October 03, 2016

Distressed sales slipped down in June by 2.2% from last year and 0.8% from May, according to the latest report from CoreLogic.

Within the distressed category, real estate owned sales accounted for 4.9% of the distressed sales and 2.9% of total home sales in June. This is a decrease of 1.9% from June 2015, and is the lowest for any month since September 2007.

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