Share
The share of total sales made up by short-sales and foreclosures continued to decline in Region 2 (New York, New Jersey, and Pennsylvania) over the three-quarter period ending in September. However, the price discount on both types of distressed properties rose in the 3rd quarter suggesting that the slim reserve of distressed sales are less desirable (e.g. commute, neighborhood, etc.) or are in poorer condition than the majority of properties.
To find the full surveys for each region, click here >
Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.