Bank owned
foreclosures as a percentage of sales are declining substantially.
Not exact matches
The states voting and holding caucuses saw half
as many
foreclosure sales —
as a
percentage of all
sales — between 2008 and 2012 than states not holding contests, according to a new report from Trulia, a real estate company owned by Zillow Group.
So long
as there are a large number
of homes in a negative equity on
sale position, a certain
percentage will keep sliding into
foreclosure when negative life events hit.
Foreclosures,
as a
percentage of total home
sales, were 20.2 percent in January, down from 26.9 percent a year ago.
«Based on the rise in pre-
foreclosure sales we've seen so far this year, a higher
percentage of these new
foreclosure starts will likely end up
as short
sales or auction
sales to third parties rather than bank repossessions going forward.