Distressed home sales falling nationwide, but not in all metros

Distressed home sale rate only 6 percent above pre-crisis levels, CoreLogic says
  • Distressed home sales accounted for 8.8 percent of U.S. homes sold in the month of April.
  • North Dakota saw the least amount of distressed home sales, with only 2.4 percent of sales either REO or short sales.
  • Maryland experienced the highest amount of distressed sales, with 19.5 percent of all homes sold.

Distressed homes accounted for 8.8 percent of the total national home sales in April 2016, according to CoreLogic. Although this number is still not at the comfortable level America was enjoying pre-housing crisis, it’s a sign that things are leveling out in some parts of the country.