Jr.'s Blog

Distressed Housing Market Data:
 
•  At 53.9 percent, equity sales made up more than half of home sales in October, down from
   55.5 percent in September and 55.2 percent in October 2010.

•  While equity sales have edged down from their peak of 57.1 percent in July 2011, they are
    up from the beginning of the year when less than half (46.5 percent) of sales were non-distressed.

•  The total share of all distressed property types sold statewide rose to 46.1 percent in October,
    up from September’s 44.5 percent and 44.8 percent in October 2010.

•   Of the distressed properties sold statewide in October, 20.7 percent were short sales, slightly
     up from the previous month’s share of 20.1 percent and up from last October’s share of 19.7
     percent.

•   At 24.9 percent, the share of REO sales was up from September’s 24.0 percent, and slightly
    up from the 24.8 percent reported in October 2010.


Multimedia:
View a chart of pending sales compared with closed sales 

Single-family Distressed Home Sales by Select Counties (percent of total sales)