Relevant:
- Foreclosed Homes in U.S. Sell at 27% Discount as Distressed Supply Grows
- Distressed Homes in U.S. Sold at 27% Discount
- Distressed Homes in U.S. Sell at Biggest Discount in Five Years
- Discounted Foreclosures Account for 25% of Home Sales in Third Quarter
- Q3 Foreclosure Sales Volume Plunges As Discount On Foreclosed Homes Hits 5 Year High
2011-02-24 — bloomberg.com
"Homes in the foreclosure process sold at an average 28 percent discount last year and may continue to drive down U.S. housing prices as the supply of distressed properties grows, according to RealtyTrac Inc."
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