Jacksonville Real Estate Market

Jacksonville, Florida

New Push to Unload Bank-Owned Properties Squeezes Out Investors

As big banks and Fannie Mae and Freddie Mac spacer push foreclosures through the pipeline, the inventory of REO (bank-owned) properties is rising. That pushes distressed and overall home prices down.

Distressed Sales Rule Today’s Housing Market

Two new reports out today show that bank-owned properties are growing and becoming a greater share of total home sales.


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