Three-quarters of homebuyers expect a discount of at least 25 percent on a foreclosure purchase, according to a survey released today by RealtyTrac and Trulia.
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Three In Ten U.S. Adults Expect at least a 50 Percent Discount When Purchasing a Foreclosed PropertyThree-quarters of homebuyers expect a discount of at least 25 percent on a foreclosure purchase, according to a survey released today by RealtyTrac and Trulia. Foreclosure filings were reported on 259,085 U.S. properties in November, a 7 percent decrease from the previous month but still up 28 percent from November 2007. Rick Sharga, senior vice president at RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, will be a featured speaker at the Deutsche Bank Distressed Land Seminar Thurs., Nov. 20, 2008, from 8:30 a.m. to 4 p.m. Foreclosure filings were reported on 279,561 U.S. properties in October, a 5 percent increase from the previous month and a 25 percent increase from October 2007. RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, has been named to Deloitte’s prestigious Technology Fast 50 Program for Orange County. Foreclosure filings were reported on 265,968 properties in September, a 12 percent decrease from the previous month but still a 21 percent increase from September 2007. James J. Saccacio, chief executive officer of RealtyTrac, will provide insight on foreclosure trends as a featured panelist at the AFSA’s 10th Annual State Government Affairs Forum Oct. 2, 2008. Rick Sharga, vice president of marketing at RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, will be a featured speaker at a number of national real estate conferences during September. Rick Sharga, senior vice president at RealtyTrac™ will be a featured speaker during the Colorado Association of Mortgage Brokers Convention & Expo today. When foreclosures Outnumber New HomesBoston GlobeJanuary 16, 2009 The number of people losing their homes to foreclosure across the country is now outstripping the number of new homes being built. More than 860,000 homes were foreclosed on last year, according to RealtyTrac. All told, builders were on track, as of last November, to build just [...] |
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