Distress Homes Drive Down the Real Estate Market


According to CoreLogic the abundance of distressed homes is dragging the rest of the real estate market down.  Conventional sellers must compete with the large numbers of short sales and REO’s.

What I wonder about is how could CoreLogic need a study to determine this.  I think every one in Reno would know that without any study.

Read more here.

See The Reno Real Estate Guide for more real estate information.

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About rereno

Real estate investor
This entry was posted in Economy, Foreclosure, Real Estate, Short Sales and tagged , , , . Bookmark the permalink.

One Response to Distress Homes Drive Down the Real Estate Market

  1. I agree seems pretty clear!

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