Share of In-Foreclosure Sales in July Dips to 15-year Low


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RealtyTrac VP Daren Blomquist says residential is transitioning, and attracting more traditional home buyers.

IRVINE, CA—RealtyTrac, the nation’s leading source for comprehensive housing data, today released its July 2015 U.S. Home Sales Report, which shows sales of properties in-foreclosure and cash sales were down from a year ago to multi-year lows.

Meanwhile, year-to-date US home sales in 2015 are at an eight-year high, and the US median home price in July was at an 82-month high, the report shows.

The sale of properties sold while in the foreclosure process (not including bank-owned properties) accounted for 6.4% of all single family and condo sales in July, down from 6.6% of all sales in June and down from 8% in July 2014 to the lowest monthly share since January 2000 — the earliest that data is available…

Share of In-Foreclosure Sales in July Dips to 15-year Low

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