Distressed Properties Account for Half of Home Purchases
admin2011-02-23T04:55:42-07:00February 23, 2011 (Chris Moore) Calling the latest data released in its January report “an ominous sign,” Campbell/Inside Mortgage Finance reports in this month’s HousingPulse Tracking Survey that a staggering 49.6 percent of home purchase transactions were distressed properties, the highest level in nearly a year. Read more...