By Emily Bregel
Baltimore-area homes sales last month reached their highest September figures in at least 10 years. But the median sales price was hindered by a large number of distressed sales, new data shows.
Foreclosures and short sales totaled 678 in September, making up nearly 23 percent of all closed sales for the month, according to data released Monday by RealEstate Business Intelligence LLC, a subsidiary of MRIS. The median sales price for foreclosures was less than $106,000 and $170,000 for short sales.
The… …read more
From:: biz journal foreclosures