MA Bank-owned, Short-sale Properties Reach 6%
According to a post on the Boston Real Estate Now Blog, about six percent of homes for sale in Massachusetts are either bank owned or short sales.
The data comes from Movoto, a real estate analytics firm based in California.
"The scale of the problem ranges, from 17.6 percent of homes on the market in Berkshire County to 3.6 percent in Hampden County. But the share is at least 5 percent everywhere but Hampden and Bristol counties, and it increased since January everywhere but in Hampden and Norfolk counties."
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