IRVINE, CA-Nationwide, the number of properties sold during third-quarter 2012 that were in some stage of foreclosure or bank-owned REO increased 21% over the previous quarter, although that number is still down 3% from third-quarter 2011, according to a recent report from RealtyTrac, an online marketplace for foreclosure properties. The report also shows that foreclosure-related sales accounted for 19% of all US residential sales during Q3, down from 20% in the previous quarter but the same level as in third-quarter 2011.

Also, unlike in recent years, sales of properties in some stage of foreclosure outnumbered sales of foreclosed, bank-owned properties in the third quarter. And short sales of properties not in the foreclosure process increased 15% in Q3 from the previous quarter, a rise of 17% from the year before.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.