Short Sales – A Great Deal For Homebuyers in 2015

Short Sales – A Great Deal For Homebuyers in 2015

Short Sale Solutions

 

RealtyTrac’s CEO Jamie Moyle recently sat down with the Natalie Pace to explain the state of the Foreclosure market.

There are currently 8.1 million homeowners who are underwater on their properties. Because of this, Short Sales are becoming a great deal for homebuyers who are looking to find a home at a discounted price. At the end of 2014, the national average of a non-distressed home sold for $190,000 whereas the average foreclosure price was $128,000. That is a discount of nearly 35%! Homebuyers need to take advantage of these Short Sale deals especially when the mortgage rates are at a historical low and look to rise by the end of the year.

For the full interview, click here.

If you need any Short Sale guidance or advice, give us a call!

 

 

Short Sales – A Great Deal For Homebuyers in 2015

Short Sale Solutions

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>