TReND, the Multiple Listing Service that serves the Greater Philadelphia Markets, does a great job of publishing timely and relevant reports about real estate trends in the Philadelphia area. Below is the report that they released this week showing the affect of Distressed Sales on the local markets. TReND is always trying to improve their service and this is just another example of the new and innovative products that they offer.
Frankly, after reviewing the report, I was surprized to see that Philadelphia was lower in terms of distressed sales than some counties in New Jersey and Delaware. But, it’s all relative to the total number of sales and, Philly, by far has the greatest volume of sales.
Below is a link to the full report. If, for some reason you can’t get to the report, let me know.