How Smart Investors Decipher & Respond to Real Estate Market Cycles
The Close
DECEMBER 27, 2022
Real estate sales by unit. Preforeclosure and bank-owned properties, or REO. Foreclosure filings begin to increase as financially distressed homeowners no longer have the option to refinance and access their equity, and the tighter market gives them few options to sell or downsize. Preforeclosure and short sales are more common.
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