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Home » Store » Profitability » Non-Distressed Property Market Strong

Non-Distressed Property Market Strong

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The non-distressed property market is strong and being driven by borrowers in need of mortgage financing, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey results. Thomas Popik, research director for Campbell Surveys, said time-on-market trends, number of offers and sales-to-list price ratios all indicate an exceptionally strong market for non-distressed properties. “The metrics for this segment are not affected by policy decisions at mortgage servicers to release or not release distressed properties onto the market,” he noted. The average number of offers for non-distressed properties, based on a three-month moving average, hit...
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