Lodi / Stockton CA Homes For Sale & Real Estate Information » First American CoreLogic http://randyelliotthomes.com Your Home for Local and National Real Estate Info Mon, 02 Jan 2012 12:00:09 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Distressed Sales Gain Greater Market Share http://randyelliotthomes.com/2010/04/13/distressed-sales-gain-greater-market-share/ http://randyelliotthomes.com/2010/04/13/distressed-sales-gain-greater-market-share/#comments Tue, 13 Apr 2010 16:08:45 +0000 Randy Elliott http://relliott.blogs.rwnetwork.com/?p=371
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First American CoreLogic reports that distressed properties accounted for 29% of all U.S. home sales in January. Also, real estate-owned sales rose to 22% of homes sales from 19% in December, and short sales rose to 8% from 7%.

National average sale prices in January were $161,600 for distressed homes, compared to the average non-distressed sale price of $247,700, $141,900 for REO properties, and $215,300 for short sales.

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