Relevant:
- Foreclosures Rise to 24% of U.S. Home Purchases as Short Sales Increase
- Short Sales of Homes Surge as Tax Break to Expire: Mortgages
- Short sale dynamics -- short sales recorded the highest number of transactions in three years during the first part of 2012. What data do we have on short sales with second mortgages?
- US sales of foreclosure homes rose in 1Q
- RealtyTrac: Distressed Sales Up in 2013
2011-08-25 — bloomberg.com
"The proportion of sales of homes in default or scheduled for auction rose from 10 percent a year earlier and was little changed from the first quarter, the Irvine, California-based information company said today in a report. Most of those were short sales, or transactions for less than the mortgage debt, according to RealtyTrac."
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