A recent report was released by the Texas A&M Real Estate Research Center for our area reflecting REO sales comprising 4% of the market share.  This trend has been common knowledge among local real estate professional for some time.  Now a report supports what we have known all along.  Laws in our state regarding lending and home mortgages was credited for the low percentage of REO's.  Our market continues to improve from the economic downturn and home values remain stable.