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20% of Home Sales Were Made Up of Foreclosures in Third Quarter

Not surprisingly, with the way the economy has been lately, 20% of all houses sold on the US market during the third quarter were previously foreclosed homes, according to a spokesperson for RealtyTrac. The good news is that 20% is a significant improvement when compared to the 30% rate recorded in 2010.

However, 20% is still not . . . → Read More: 20% of Home Sales Were Made Up of Foreclosures in Third Quarter