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Real Estate mini-boom - Demand for REO Pushes Prices Up

Posted By: Niman S., over 2 years ago (Report Spam)
Category: Real Estate Investing / Type: News
Source: housingwire.com

Prices of non-distressed real estate properties remained level and account for 55% of sales. 14% are short sales, 31% were REO properties. Average price of distressed REO property moved up to $124,500 in September from $106,700 in August.