Articles About Distressed Sales

Home prices — including distressed sales (foreclosures and short sales), climbed 1.1 percent in April, according to a new report from CoreLogic.  If you don’t count distressed sales, prices rose 2.6 percent.  Prices have not risen for two consecutive months since June 2010, a time when the homebuyer tax credit was still available. Although the […]

Existing home sales in November rose at a slower pace than anticipated, spurred in part because of the end of a government tax credit aimed at encouraging first-time homeowners to buy.  According to the National Association of Realtors (NAR), sales rose 5.6 percent over October to an annual rate of 4.68 million.  Economists had predicted […]