socialmedian: Thanks To Tax Credit House s Sell REO s Help Lead The Way

Hi there. I'm Jason, one of the founders of socialmedian.

socialmedian delivers the news, filtered by your network.

We'd love to have you join in.

You can use facebook connect to sign in.

Add News Flash

User-submitted headlines for this story

Clip

Thanks To Tax Credit House s Sell REO s Help Lead The Way

Submitted by Motown Terri from blog

Nov 08, 2009

Summary

Author : Jerome Pennix

Existing home sales surged a record 9 4 percent in September as Americans hurried to take advantage of a tax credit for first-time buyers before it expires next month Purchases rose to a 5 57 million annual rate, more than expected and the highest in at least two years, according to the National Association of Realtors

InvestorCompsOnline com has trained our members to take advantage of this "surge" by teaching them to accurately valuate property and keeping them informed on all the latest trends in the industry

The September increase in combined sales of single-family houses and condominiums was the biggest since comparable records began in 1999 This is largely in part due to REO deals The share of homes sold as foreclosures or otherwise distressed properties was 29 percent in September from 31 percent in August REOGoldMiner com has provided access to these deals for many of our InvestorCompsOnline com members At REOGoldMiner com members can find and valuate these in demand distressed deals with the click of a button

InvestorCompsO ...Read the full article

Comments (0)

Add Your Comment