by Calculated Risk on 9/22/2009 06:28:00 PM
Tuesday, September 22, 2009
Home Purchase Market by Property Category
This is from a monthly survey by Campbell Communications (posted with permission).
Source: Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions, Campbell Communications, June 2009
Click on graph for larger image in new window.
The Campbell survey broke REOs down into damaged and move-in ready. Distressed sales also include short sales.
Mark Hanson has pointed out that "organic" sales (non-distressed) have a seasonal pattern, and that distressed sales are basically steady all year. This new monthly data from Campbell Surveys should show that change in mix over the next few months.