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Residential property sales for bank-owned properties increased for the third month in November.

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Sales of Bank-Owned Properties Climb

Residential property sales for bank-owned properties increased for the third month in November.

Sales of Bank-Owned Properties Climb (CNBC)

Ten percent of residential-property sales in November consisted of bank-owned properties. This is the third consecutive month of increased sales of bank-owned residences. . In a number of markets, overall sales volume is declining, because there are fewer financially distressed sellers. Although home prices are rising overall, foreclosed properties are seeing steeper discounts, and all-cash sales — typically done by institutional investors, rather than those intending to occupy a property — are on the rise

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archive

Sales of Bank-Owned Properties Climb

Sales of Bank-Owned Properties Climb (CNBC)

Ten percent of residential-property sales in November consisted of bank-owned properties. This is the third consecutive month of increased sales of bank-owned residences. . In a number of markets, overall sales volume is declining, because there are fewer financially distressed sellers. Although home prices are rising overall, foreclosed properties are seeing steeper discounts, and all-cash sales — typically done by institutional investors, rather than those intending to occupy a property — are on the rise

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

YouTube Won’t Let You Watch Lauren Southern’s ‘Borderless’

FOREIGN AFFAIRS

DONKTUM: Restricting the Range of Consciousness.

CULTURE

Lauren Southern’s Borderless Deleted By YouTube. ENOUGH.

U.S. POLITICS

Democrats Side With Russia With Hopes of Trashing Trump.

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