The average time to sell foreclosed properties down to 4.2 years
10 June, Il Sole 24 Ore
Property foreclosures decreased from 60,238 to 49,622 (-17.62%) in 2018, while the duration of proceedings has gone from 5 to 4.2 years. However, there is still a considerable amount of pending proceedings, 14% of which are older than 10 years.
Source: Il Sole 24 Ore
Translator: Cristina Ambrosi