Distressed properties: Stay calm

Inman News has released a 41-page case study, "A Changed Market: Short Sales and REOs: An In-Depth Look at Distressed-Property Trends," that is based on a survey of over 500 real estate professionals and analysis of the survey results.

Among the survey findings and revelations:

• A comparison of the selling price of REOs and short sales to the selling price of non-distressed properties;
• A comparison of listing agent and buyer agent commission rates for short sales, REO sales and non-distressed-property sales;
• An examination of the volume of short-sale and REO listings and sales in May 2009 and April 2009, as well as year-over-year comparisons with 2008 and expectations for the full year in 2009 and in 2010;
• A comparison of failure rates, response times for offers, and average days on market for short sales, REO sales and the overall market, and an exploration of the most common reasons for the failure of pending short-sale and REO transactions.

Click here for pricing and other information, and to view a summary and a full list of survey questions.

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