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Real Estate & Property Law

: Housing Wire

Impact of Foreclosure Sales on Home Prices: Report

By KELLY CURRAN

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The gap between REO sales prices and the rest of the market is growing at an accelerating pace, according to a recent study by Lender Processing Services, Inc., released Thursday. In general, markets that experienced sharp drops in home prices in 2008 also saw deeper REO discounts, revealing the impact of foreclosure sales on home [...]

Full post as published by Housing Wire on March 19, 2009 (boomark / email).

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