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Loan Modification

: The Truth About Mortgage.com

Distressed Home Sales Nearing Peak

By scot184

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Distressed home sales, including short sales and real estate owned (REO) sales, accounted for 29 percent of all home sales in January, according to First American CoreLogic. That’s the highest level since April 2009, and just below the peak 32 percent share seen in January 2009. After peaking, distressed sales fell to 23 percent in July, before [...]

Full post as published by The Truth About Mortgage.com on April 08, 2010 (boomark / email).

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