Archive for February 27th, 2012

Monday, February 27th, 2012 at 9:07am

Do Short Sales Net Banks 24% More Than Foreclosures?

Despite the “professional” statisticians analyzing the distressed property markets, one independent brokerage decided to gather the facts themselves. They concluded that in 2011 bank owned foreclosure properties sold for 24% less than short sales. McGeough Lamacchia Realty, with offices in Massachusetts and New Hampshire, apparently got fed up with all the talk about losses in the market and decided to […]

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