Jun
2
A Tale of Two Housing Markets
Filed Under Housing News
Proving that even within a single local housing market, sales trends can be more complex than they might otherwise seem, new data is suggesting that distressed assets can move housing markets — when prevalent enough.
A monthly housing report from real estate analytics firm Radar Logic Inc., released Monday morning, found that in March of this year, so-called motivated sales — defined as liquidity-driven sales of real-estate owned and similar transactions — had managed to split apart more than a few local markets.
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