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Rainmaker
784,786
The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

Always a few out there.

Oct 25, 2018 03:14 AM
Rainmaker
292,685
Jack Lewitz
Exit Strategy Realty - Evanston, IL

I think there are both short sales and REO listings out there but the numbers are fewer or the time to come to market is dragging ? I am finding it more difficult to get short sales approved because the market is improving and values are on the rise and banks want to net more and so there is little difference between sale price and market value. This also holds true for REO's.

Aug 07, 2015 11:23 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

There is very few short sales as values are up. There is still a steady pace of bank owned homes, many who were bailed out only to once again not be able to keep up with the mrotgage, 

Aug 07, 2015 10:24 PM
Rainmaker
1,157,791
FN LN
Toronto, ON

The local market keeps breaking records almost every month.  Prices keep going up, up and up.  If we had any short sales, they would be few and far between.  Foreclosures are very rare in my province since a power of sale is much easier to do and preferred.  Which recession are you referring to?

Aug 07, 2015 08:49 PM
Rainmaker
2,538,633
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Ivan. We still have many in our local area, but the numbers are much lower than they used to be.

Make it a great weekend!

Aug 07, 2015 07:38 PM
Rainmaker
1,625,253
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Much much less, even I was told by few AM that there is a lot of work. I have only one now, I'm so ready for more.

Aug 07, 2015 05:00 PM
Rainmaker
2,379,876
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

We are down again. Hard to find a great buy any more

Aug 07, 2015 01:46 PM
Rainmaker
4,584,246
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Not currently a big factor in my market.   Far less than at the peak.  

Aug 08, 2015 11:30 PM
Rainmaker
175,614
Spirit Messingham
Tierra Antigua Realty - Tucson, AZ
Third Generation Full-Time Realtor® 520 471-6900

Good question, way down from where they were but still more than we had say 2002.

Aug 08, 2015 03:43 AM
Rainmaker
5,116,528
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I just wrote a post on this issue this morning. In Charlotte distressed property sales account of less than 4% of total sales and we have fewer and fewer such homes for sale each month.

Aug 07, 2015 11:44 PM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I am seeing fewer short sales.

Aug 07, 2015 09:08 PM
Ambassador
6,424,867
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Still plenty of them here, but nobody is interested in them anymore.

 

Aug 07, 2015 01:04 PM