Saturday, February 26, 2011

Discount for foreclosed homes widened in 2010 - FoxNews.com

Discount for foreclosed homes widened in 2010 - FoxNews.com: "Buyers who purchased a foreclosed home last year got, on average, a 28 percent discount to a non-foreclosure sale. That's up from a 27 percent average discount in 2009, RealtyTrac said."

"Generally, about 30 percent of banks' foreclosure inventory is on the market"

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