7 things to know today, plus how ‘distressed’ the Orlando housing market is

Some good news and some not so good news for you this Friday morning. First, the good: Nationwide, distressed sales, which include real estate-owned (REO) properties and short sales, accounted for 9.4 percent of total home sales in July, down 2.1 percentage points from July 2014 and down 0.4 percentage points from June 2015. And now, the not so good: Of the 25 largest core based statistical areas based on loan count, Orlando-Kissimmee-Sanford had the largest share of distressed sales in…

See the Orlando Business Journal for the full post: Residential Real Estate News – Residential Real Estate News Headlines | Bizjournals.com

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