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Discovering Distressed Properties

April 18, 2014  |  by Diane Ives

Short SalesAre Distressed Properties a part of your market? MRIS is offering the MRIS 103: Discovering Distressed Properties class in the Association Training Rooms starting in May.

According to RealtyTrac “…there are still more than 1.2 million properties in the foreclosure process or bank-owned, providing a sizable pool of inventory that the housing market is in the process of absorbing”. Maryland is one of the top 5 states in the US for foreclosure rates.

A few clicks using Real Estate Business Intelligence (RBI) Interactive Charts found the following information for the MRIS Mid-Atlantic Region in March 2014:

Market Activity Mid-Atlantic Region


# of Bank Mediated # of Non Bank Mediated Percentage of Bank Mediated
Active 4,451 31,225 14%
Sold 1,369 6,556 21%
Avg SP to OLP Ratio 92.52 95.97 N/A

Join us in May for MRIS 103: Discovering Distressed Properties.

MRIS has offered this class in webinar format but for the first time we will offer this popular class at our training locations. For more information and to register, click here. For webinars, please click here.

Note: Whether you select in-class or webinar training, you will be prompted to log in to if you are not already logged in.

Posted in Blog, Featured, MRIS-U, Trainer Talk

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