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

by Property Management Software on October 19, 2009

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

This blog post is brought to you by makers of SimplifyEm Pay Rent Online and Property Management Software

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
Share and Enjoy:
  • Twitter
  • Facebook
  • LinkedIn
  • Technorati
  • del.icio.us
  • Digg
  • Reddit
  • StumbleUpon
  • FriendFeed
Welcome back! What did you think of our Property Management Software?
Are you subscribed to our feed and receiving email updates?

You might also want to read:

  1. Real Estate Prices – Light at the End of the Tunnel The median price of an existing home nationwide fell by 30% from its peak in mid 2006 and the median price are at the same level as in 2003. However, between the first and second......
  2. 7 Tips for tapping into foreclosure boom for landlords, real estate investors Foreclosures are flooding the market and currently about 1.5 million of them are available for sale. This seems like a huge opportunity for real estate investors and landlords looking to purchase properties for renting to......
  3. Find Out whether Your Hometown Real Estate Will Boom Again Over the last few years, real estate market has been shaped by national forces, which caused the real estate boom and bust. However, real Estate has always been a local business and prices are driven......
  4. Real Estate Investors Re-enter Market as Prices Fall Many real estate investors that have been out of the market for many years in states where prices had mushroomed are back into the market picking up some great real estate deals. They are finding......
  5. Have Real Estate Prices Bottomed Out for Investors, Potential Landlords? It is always hard to predict a market high and a market bottom. In case of real estate, many real estate investors are wondering whether the market has finally bottomed out.  Prices in some of......

Leave a Comment

{ 1 trackback }

Previous post: 3 Steps to Increasing Property Management Business by Targeting Reluctant Landlords

Next post: Access Property Management Software anyplace, anytime at lower costs