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
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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)