Demand for REO Pushes Prices Up, What’s driving Real Estate mini-boom?

by Property Management Software on October 19, 2009

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Real Estate REO Property

Real Estate REO Property

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

To find out what’s driving this Real Estate mini-boom,  Click Here

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This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Demand for REO Pushes Prices Up, What’s driving Real Estate mini-boom? is brought to you by SimplifyEm Pay Rent Online and Property Management Software

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