Mobile Mortgage News

Distressed homes for sale up 6% in 2 weeks

posted 39 weeks ago on Mortgage Insider

Home market watcher Steve Thomas at Re/Max Real Estate Services in Aliso Viejo reports that the number of O.C. distressed properties (homes listed by agents as foreclosures or short sales) was 3,525 last week, up 201 vs. two weeks earlier or a 6% gain. As a percent of all listed homes for sale, distressed properties were 21% of the market vs. 19.3% two weeks [...]

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