Get ‘em before they’re gone! CNBC Real Estate Reporter Diana Olick today reports that bank-owned foreclosures (also known as REOs) and short sales — both of which fall under the distressed real estate umbrella — accounted for nearly 50 percent of all home sales in Dec. 2010. The 47 percent share is up from 44.5 [...]
Source: http://blog.foreclosure.com/2011/01/report-distressed-real-estate-sales-continue-to-increase/
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