#distressed

Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall. ↗

— Mark Zandi

#fall #grows #home #often #prices

Investor demand for distressed property has been healthy, as rents rise to levels that can cover investors' costs while they wait for properties to appreciate. Giving investors a small tax break should further juice up demand, supporting prices for distressed homes and the market in general. ↗

— Mark Zandi

#been #break #costs #cover #demand

It is time to move on. House prices won't rise and the economy won't fully engage until more distressed properties are resolved and put back into ordinary use. ↗

— Mark Zandi

#distressed #economy #engage #fully #house

The key to house prices is the share of foreclosure or short sales in the total housing market. When that share rises, house prices will fall, because distressed properties sell for significantly less - currently around 25 percent below non-distressed houses. ↗

— Mark Zandi

#because #below #currently #distressed #fall

The superior man is distressed by the limitations of his ability; he is not distressed by the fact that men do not recognize the ability that he has. ↗

— Confucius

#ability #distressed #fact #his #limitations