Relevant:
- Discounted Foreclosures Account for 25% of Home Sales in Third Quarter
- Home Prices Seen Dropping 10% in U.S. on Foreclosures: Mortgages
- Home Prices Seen Dropping 10% in U.S. on Foreclosures: Mortgages
- Home Prices Drop in Three-Fourths of U.S. Metro Areas as Foreclosures Rise
- Investment firms buying up Florida foreclosures
2010-06-30 — miamiherald.com
"Sales of foreclosed homes in Florida made up nearly 40 percent of all purchases in the first part of this year, a ``terrifying'' statistic, one analyst said, and one that led to deeply discounted prices on distressed properties."
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Comments:
catherine at 05:34 2010-07-01 said:
and oooops oooops, here come da oil, here come da oil........no story here move along............and this isn't just a florida problem, everytime a mortgage fails, a little bell tinkles somewhere in a pension fund................ Permalinkadd a comment | go to forum thread
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