RealtyTracâ€™s April Residential & Foreclosure Sales Report indicates a 4 percent increase in sales prices from March 2013
The overall number of distressed properties was down in 2012.
The past three months have seen increasingly more foreclosure activity, but year-over-year numbers are down 10%
The inventory of unsold homes is dwindling as buyers snatch up distressed houses, while home prices continue to rise in June for the fourth straight month
Fannie Mae predicts sales of distressed homes will rebound in 2013 from its slowdown in 2012, and states housing market is performing “relatively well” despite slowing economic growth