An industry study released Monday shows that nearly half of home sales activity last month involved distressed properties, a trend that is likely to continue as the backlog of foreclosures and mortgage defaults make their way through the pipeline. Within this distressed property segment, the market analysis shows a boom in short sales during the month of March to a record-high 19.6 percent, and a drop in the proportion of damaged REO, which the…
Thanks for the connection, Gary. I have added you to my database in case I encounter any referrals for Colorado Springs. Likewise, if you have any clients with a need for real estate services in Denver metro, I hope to hear from you. Regards, Robert Anema, HomeSmart Real Estate. 303-887-4000 - cell.
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