Time on Market

> Housing Trends > Time on Market > Proportion of Distressed Property Transactions > Homebuyer Participation Issue 01 / January 2014 Housing Trends •   Time on market for non-distressed properties remains low. • There was a slight uptick in the distressed property share of sales in November. •   Investor participation increased for the third consecutive month. Time on Market “Low inventory is creating issues. Only sub-standard or hugely overpriced homes are left on the market.” – Agent in Nevada Proportion of Distressed Property Transactions “Sellers of non-distressed properties are retreating for the holidays.” – Agent in Washington state Homebuyer Participation “Investors are trying different approaches to continue to get properties at the discount they need to make a profit.” – Agent in California

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Footnote:                          Farm Belt = IA, KS, MN, ND, NE, SD, WI; Industrial Midwest = IL, IN, MI, MO, OH; Northeast = CT, DE, MA, MD, ME, NH, NJ, NY, PA, RI, VT; Oil Producing = LA, OK, TX; Pacific Northwest = OR, WA; Rocky Mountain = CO, ID, MT, NM, UT, WY; South = AL, AR, GA, KY, MS, NC, SC, TN, VA, WV.                         Housing trends data used in this publication are from the Campbell/Inside Mortgage Finance HousingPulse monthly survey.  Survey results have been licensed to Chase for use in this publication.  All rights reserved by Campbell Surveys.  For more information, go to HousingPulse.com. ABOUT THIS MESSAGE Chase values your privacy and preferences. If you wish to unsubscribe from email promotional messages from Chase, please click here. Please note that you will continue to receive service-related email messages that directly concern your existing Chase products and services. Please allow up to 10 business days for us to process your request. If you want to contact Chase, please do not reply to this message, but instead go to  chase.com. Replies to this message will not be read or responded to. For faster service, log on to your account. For more detailed security information, view our Online Privacy Policy. To request the policy or to opt-out of email communications in writing: Chase Privacy Operations, P.O. Box 659752, San Antonio, TX 78265-9752.

This entry was posted on Wednesday, January 8th, 2014 at 1:37 pm and is filed under Florida Central News, Mortgage, Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.