Nationwide National Association of Realtors data for DEC 2011 Inventory dropped 9.2% Foreclosures sold for a 22% discount Short sales sold for a 13% discount All cash sales were 31% Supply is at 6.2 months Lowest inventory level since March 2005 Amherst Securities 4 million loans 60 days delinquent that will enter foreclosure 2.5 million… Read More
La Jolla Million Dollar Luxury Home Foreclosures
September 7, 2011 By Leave a Comment
Realty Trac reports that the amount of foreclosures with mortgages over $1 million are over twice as high today as they were in 2007. This represents around 2.3% of all homes in foreclosure. “We’re seeing evidence in our data that the high-end market is starting to get hit more,” says Daren Blomquist of RealtyTrac.com. “I… Read More









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