Lender-Mediated Report

This Lender-Mediated Report provides insight into properties that are REO-Bank Owned, Pre-Foreclosure, or Short Sales. Focusing on “Share of Closed Sales that were Lender-Mediated” for September 2024. The insight is 1.9% of properties were lender mediated. Which equates to 8,521 sales in September 2024, a -8.8% decrease compared to September 2023 (9,343 Sales). When compared to the housing crisis and the following years of ” housing market recovery”.

Numerous real estate forecasts for 2024 made predictions on lender mediated properties increasing or even returning to housing crisis levels. The goal in providing this information is to provide information backed by data. I am not able to predict the future anymore then the next person can, nor do I support for unfounded predictions. I can tell you where the market was and is. We can ask the magic 8 ball where it will go. Also, time will tell. Lastly, if you would like a lender-mediated report tailored more towards you and your use case. Reach out. Talk soon.