Wednesday, April 11, 2012

Buyer's Market Out there now ?

January REOs sold at two-thirds of market value - Memphis Business Journal. Real estate-owned (REO) properties sold in Memphis in January were purchased at a 33 percent discount from average January market value of $127,000, while short sales averaged discounts of 27.5 percent.


Data: January REOs sold at two-thirds of market value - Memphis Business Journal

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