REOs Selling Faster

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We definitely feel.  Investors are very active in the under $300k mkt

 

From DS News

REO Properties Are Moving Faster: Survey

Homebuyer demand appears to be intensifying, especially among lower-priced REO properties, according to an industry study released Tuesday. Time-on-market for move-in ready REO was just 10.1 weeks in November, the lowest in 15 months, according to the HousingPulse survey. Time-on-market for damaged REO was even lower at 9.0 weeks, also the lowest in 15 months. The HousingPulse survey polls approximately 2,500 real estate agents nationwide each month to assess market trends surrounding homes sales. » Read More

 

- sunil

 

SUNIL SETHI REAL ESTATE


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