Tag Archives: reo

Distressed Home Sales Plunge to Nine-Year Low

Distressed sales—including bank-owned (REO) sales, sales of homes actively in foreclosure, and short sales—accounted for 12.9 percent of all U.S. single-family home and condo sales in Q3 2016. According to ATTOM Data Solutions’ Q3 2016 U.S. Home Sales Report, these … Continue reading

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NODs & REO’s

NODs and REOs continue rising According to PropertyRadar, formerly ForeclosureRadar, which tracks notice of default (NOD) and Real Estate Owned (REO) data nationwide, the numbers are showing a steady rise in new defaults and REO inventory compared to a year … Continue reading

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