Relevant:
- homebuyers say no to distressed properties thanks to foreclosure mess
- distressed sales account for nearly half of home purchase activity
- Shadow Housing Inventory: Getting an Actual Housing Picture of California Foreclosures and REO Numbers
- Westside Los Angeles: The Ultimate Prime and Stagnant Real Estate Market
- Homebuilding Probably Increased in U.S. to Three-Month High
2010-11-22 — nationalmortgageprofessional.com
"The ongoing controversy surrounding foreclosures is taking its toll on the housing market as a significant share of home shoppers refused to even look at distressed properties in October, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions. Meanwhile, both the share of home purchases involving distressed properties and average prices for foreclosed properties fell last month, the survey found."
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