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Foreclosures sell at 26% discount

Homes lost to foreclosure now make up a quarter of the real estate market -- and they're selling at big bargains.

Nearly 250,000 residential properties in some stage of foreclosure changed hands during the second quarter, They sold for about 26% less than non-foreclosed homes, compared to 35% less in the first quarter.

Read More: http://bit.ly/dtfjVM

 

 

 

 

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