Volume 26 - Number 26
July 1, 2009
Distressed Property Sales Surge to Two-Thirds Of Market, New IMF-Sponsored Study Finds
This year’s deepening mortgage default situation is flooding the housing market with distressed property sales. According to preliminary results contained in a new study sponsored by Inside Mortgage Finance, nearly two-thirds of transactions in the home purchase market now involve some sort of distressed property. Additionally, the new research... [Includes one graph]
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