Nearly 1 in 3 Q1 home sales a foreclosure: report – Reuters

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Nearly 1 in 3 Q1 home sales a foreclosure: report
Reuters
NEW YORK (Reuters) – Nearly one out of every three US home sales in the first quarter was a foreclosure property as steep price discounts boosted demand for distressed real estate, RealtyTrac said in a new report on Wednesday.
Foreclosed Homes in US Sell at 27% Discount as Supply GrowsBusinessWeek
Houston-area foreclosure sales down in 1QBizjournals.com
Foreclosure sales still dominate local marketChicago Daily Herald
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