An analysis of home prices through the end of February by CoreLogic shows a year-over-year decline of 6.7 percent when distressed properties – REO and pre-foreclosure short sales – are included in the numbers. Take out the distressed factor, and the company says home prices are “showing signs of stability,” down just 0.1 percent from […]
Competing With Foreclosures
The foreclosure rate is one of the most daunting things you can face when trying to sell a home. Nationwide, the sale of distressed properties accounts for half of all home sales, so those sold for below market value or out of foreclosure can be make the market tough – but not impossible. There are […]