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The Devil Is in the Details

Distressed Property InfoGraphic

CoreLogic information on Shadow Information:

http://www.corelogic.com/about-us/researchtrends/shadow-inventory.aspx

LPS information on inventory/sales ratio:

http://www.lpsvcs.com/LPSCorporateInformation/ResourceCenter/PressResources/MortgageMonitor/201105MortgageMonitor/LPSMortgageMonitorMay2011.pdf

RealtyTrac information on discounts on short sales and foreclosures:

http://www.realtytrac.com/content/news-and-opinion/foreclosure-homes-account-for-28-percent-of-q1-2011-sales-6586


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6 replies
  1. Grand Rapids Short Sale Agents
    Grand Rapids Short Sale Agents says:

    The statistics on discounts make sense to me. While short sales take some serious patience, the unknown is still so much smaller. I would buy a house that someone has been living in over one that I have no clue of history on. The discount is certainly in line with the risk associated!

    Reply

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