Albuquerque NM Distressed Homes
Percentage Of Albuquerque NM Distressed Homes Sales Level Out
Albuquerque NM Distressed homes – foreclosures and short sales – accounted for 14% of sales, unchanged from last month; they were 25%in October 2012. Part of the gain in median price is from a smaller share of distressed sales. While 9% of sales were foreclosures, 5% were short sales. Foreclosures sold for an average discount of 17% below market value in and short sales were discounted 14%.