Terms like “short sales” and “bank-owned” are on many people’s tongues and minds in the real estate industry. The recent addition of the Short Sale and Bank Owned fields on RMLSweb now allow us to look at data for these listings individually. Before there was a short sale field on RMLSweb, there was only a […]
Tag Archives: bank-owned
Distressed Property Update for Portland & Clark County
Categories: Clark County, Industry News, Market Trends, Portland, Statistics
21.9% of listings distressed in PDX, 31.7% in Clark County The latest report from the Mortgage Bankers Association indicated that the rate of foreclosure for people with fixed rate loans and good credit is on the rise. The AP reports that homeowners’ inability to keep up with payments is now more due to unemployment, rather […]