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Tag Archives: sales

Short Sales Start to Outpace Foreclosures

Banks are agreeing to more short sales, and for the first time,  short sale transactions are exceeding foreclosure deals, according to the most recent housing data from Lender...

Foreclosure Sales are Down, Average Discount 34%

In the third quarter of 2011, homes that were in foreclosure accounted for 20 percent of all residential sales in the country, according to RealtyTrac in its latest Foreclosure Sales...

Banks Pilot Cash Incentive Programs for Short Sales

Several real estate professionals say cash-back incentives that some lenders are using to tempt delinquent borrowers to do a short sale over a foreclosure are not very effective...

Builders Slash Prices, New-Home Sales Rise 5.7%

After four consecutive months of declines, sales of newly built single-family homes rebounded in September, rising 5.7 percent, the Commerce Department reported this week. The bump in...

Incentives Grow to Get Struggling Home Buyers Moving

With distressed properties accounting for 30 percent of existing-home sales, more real estate professionals are finding a growing part of their job is offering struggling home owners...

New-Home Sales Plummet, 4th Straight Month

New-home sales dipped 2.3 percent in August, marking its fourth straight month of declines, the Census Bureau reported Monday. ...

Foreclosures Sell for Up to 40% Less

Foreclosures made up about one-third of all home sales during the spring quarter (April to June), and sales were about six times the percentage of foreclosures in a healthy housing...