Articles About Strategic Defaults
- Author:
- Mike Ochs
- Posted:
- 08.24.2011
Contract Cancellations Sour Home Sales
A new phenomenon has emerged that is depressing the sales of existing homes. Contract cancellations are surging, dashing hopes that the distressed housing market is showing signs of improvement. According to the National Association of Realtors (NAR), sales fell 0.8 percent in June compared with May to an annual rate of just 4.77 million units, […]