Foreclosures are big business

Foreclosures Big Business - Politics, Business, Civil, History - Posted: 22nd Oct, 2010 - 4:02pm

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Post Date: 22nd Oct, 2010 - 4:02pm / Post ID: #

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Foreclosures are big business

Foreclosures are big business
Mortgage / Home Buyer News

Properties in some stage of foreclosure (loan default, scheduled for action or lender-owned), accounted for 24 percent of all U.S. home sales in the second quarter of 2010, according to the RealtyTrac online foreclosure information service. And that percentage might well have been higher had the homebuyer tax credit not goosed the sales volume. The national
Source: Bankrate.com » Mortgages

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