Tuesday, August 30, 2011

Foreclosures made up 31% of home sales in second quarter ...

Foreclosures made up roughly one-third of all home sales in Florida and the rest of the nation this spring. While that?s a smaller share of sales from the previous quarter, it?s six times the percentage of foreclosures in a healthy housing market.?

Foreclosure sales, which include homes purchased after they received a notice of default or that were repossessed by lenders, accounted for 31 percent of the market in the April-June quarter, foreclosure listing firm RealtyTrac Inc. said Thursday.

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August 28, 2011 - Posted by George G Miller | Uncategorized

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Source: http://georgegmiller.wordpress.com/2011/08/28/foreclosures-made-up-31-of-home-sales-in-second-quarter/

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