NAR: Distressed Sales Declining

by 30 Oct 2012

Based on information from the latest REALTORS® Confidence Index survey, 24 percent of respondents reported selling distressed property (foreclosed and short sales), down substantially from what had been the case a year or two ago. Cash sales accounted for roughly 40 percent of distressed sales (39 percent in August 2012).

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Should CFPB have more supervision over credit agencies?