Archive | February, 2013

Foreclosure Discounts No Longer As Deep

According to recent national figures, during the peak of the mortgage crisis, foreclosed homes were selling at an average of about 25% below market rate; offering deep discounts for ready buyers. Since that time, however, home prices have steadily risen while the foreclosure market hit bottom– two dynamics that are very good sign the housing recovery is taking hold. The numbers […]

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