(you can click on the chart to see a bigger version)
This chart shows you the percentage of distressed properties that are being listed and sold.
- Short Sales represent 29% of the Closings for October (compared to 26% in September)
- Short Sales represent 37% of the active Listings currently on the market.
- Distressed Sales (Short Sales and REOs combined) accounted for 64% of the total sales for October.
- The listing success rate for Short Sales is 60.0%!