Distressed sales refer to any type of sale in which a property or item is sold due to some form of distress, such as financial difficulties, foreclosure, bankruptcy, divorce, or relocation. Full definition
The other factor is the reduction in distressed sales over this 2 year period - from 42 % of the sales down to 24 %. (chicagonow.com)
As well as providing advice on restructuring, we also act on distressed sales and purchases, and our team has particular expertise in insolvency litigation. (gunnercooke.com)
We're seeing fewer distressed sales as a percentage of the market, and prices are reflecting that more favorable mix. (speakingofrealestate.blogs.realtor.org)