CoreLogic is reporting that REO, distressed home sales accounted for 9 percent of homes sold nationally in August 2015, the lowest since September 2007. Distressed sales, which comprise real estate-owned properties (REOs) and short sales, accounted for 9.3 percent of total home sales nationally in August 2015, down 2.3 percentage points from August 2014 and …
REO Home Sales Share Lowest Since September 2007 Read More »
REO Inventory Rising Once Again CoreLogic reports that after reaching a trough in August of 2013 of 375,000 properties, the number of real estate owned (REO) properties increased 15 percent to 430,000 as of March 2014 (Figure 1). The increase in REO properties was broad based, rising in 46 states. While the increase was moderate …
Recent Improvement in the Stock of REO Properties Fades in 2014 Read More »
This article has been archived, please login for access or subscribe now for a free trial. Kamel Properties, LLC an affiliate of Pools By Design, Inc. (Kenneth Larison, President) bought a 1,760 sq. ft. office condo at 7368 N La Cholla Blvd. in the La Cholla Corporate Center at La Cholla & Magee, for[mepr-show rules=”58038″]$265,000 …
Pools By Design Buys REO at La Cholla Corporate Center Read More »