Tag Archives: distressed

Foreclosure-related filings increase 89%

A couple related articles came my way from different sources this morning: Today’s RGJ reported on a just-released RealtyTrac report placing Reno-Sparks at 13th nationwide in foreclosure-related activity for the first half of the year.  Read it here: Distressed homes … Continue reading

Posted in Foreclosures, Market Trends | Tagged , , , , , | 6 Comments

Bank-owned properties all the rage

The graph above shows the proportion of monthly sales made up of bank-owned properties over the past few months. [Note: I would have pulled data farther back, except the fields denoting bank-owned and short sale had only been recently introduced … Continue reading

Posted in Agent Insights, Market Trends | Tagged , , , , , , , | 24 Comments

What Is A “Normal” Sale These Days?

[Note: This post piggybacks on my post from last week, Median Sold Price Drops 7% in One Month] Real estate agents have traditionally used the term “distressed” when referring to properties that were not good old fashioned straight sales.  Houses … Continue reading

Posted in Agent Insights, Market Trends | Tagged , , , , , | 2 Comments

Distressed vs. Non-distressed Median Sales

In a recent thread generated by the July Median’s post, a reader and commenter asked about the differences in median sales price between “distressed” properties vs. non-distressed properties.  And by distressed, we’re talking about short sales, foreclosed properties, bank sales, … Continue reading

Posted in Agent Insights, Market Trends | Tagged , , , , | 5 Comments