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Distressed Property Sales Remains a Hot Little Market Unto Itself

While Distress Property Continues to Shrink as Part of Overall Sales, Bargain Hunters Remain Active as Banks Clean House
CoStar News
March 12, 2014 | 10:19 P.M.

Based on CoStar’s tracking of more than 125,000 repeat sales since 1996, the percentage of total observed paired CRE property sales that closed in January 2014 and were classified as distress sales dipped below 10% of all sales; this is down sharply from a peak of 35% in October 2010.

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