National Real Estate Report: Nearly half of housing market is made up of distressed properties like foreclosures and short sales

According to a Campbell/Inside Mortgage Finance Housing Pulse Tracking Survey, the distressed property index rose to 48.6 percent in March, the highest level the indicator has reached in the past 12 months.

Despite the increase in foreclosed homes, some real estate agencies have reported more people are moving, as RE/MAX recently announced home sales increased by double-digits last month. However, that's not the case for everyone, as a real estate agent recently told Campbell Surveys.

To read the complete article, go to: Report: Nearly half of housing market is made up of distressed properties

RE/MAX sells more homes than any other real estate company.
For a reason...should we talk?

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty

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