The Real Estate Encyclopedia
Foreclosures drove up 2008 U.S. home sales
Category - Real Estate Information Sources - Real Estate Information General

A large number of bargain-priced foreclosure sales are skewing home price statistics, according to Radar Logic. While home sales rose 7 percent in 2008, for example, the number of foreclosures rose 177 percent and the number of "normal" sales fell 17 percent. About one-third of all sales involved a foreclosure.

March 5, 2009

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n2-030509.cfm

 
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Real Estate Information Sources - Real Estate Information General
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