Distressed Sales Share 2 Years Away from ‘Normal’

Fri June 17, 2016

The percentage of residential home sales that were distressed sales (REO and short sales) fell below 10 percent in March 2016, and it is estimated that at its current rate of decline will be back to its “normal” pre-crisis level by the middle of 2018, according to data released by CoreLogic on Thursday.

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