Uptick in REO, short sales to re-emerge?

short-sales-272751Daily Real Estate News

The fallout from a fragile economy may send REOs and short sales back on the rise in the coming months, according to a new report released by Clear Capital.

“With stocks plummeting last week and the global economic impact on our domestic economy and housing markets still unknown, distressed sales continue to be a critical market indicator,” according to Clear Capital’s latest report.

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