Sunday, February 27, 2011

Distressed Homes Sold at 28% Discount Last Year With `Bloated' US Supply - Bloomberg


Kansas City Star

Distressed Homes Sold at 28% Discount Last Year With `Bloated' US Supply
Bloomberg
Photographer: Jacob Kepler/Bloomberg Homes in the foreclosure process sold at an average 28 percent discount last year and may continue to drive down US housing prices as the supply of distressed properties grows, according to RealtyTrac Inc. A total ...
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Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF_zC3zKCgP6Z-6r2Jj4kSiQeApvA&url=http://www.bloomberg.com/news/2011-02-24/distressed-homes-sold-at-28-discount-last-year-with-bloated-u-s-supply.html

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