10-31-2005, 11:34 AM
| | A new study for foreclosure sales released
A new study that investigates the prevalence of foreclosure sales and the depth of discounts in 629 counties in 36 states was released last week by First American Real Estate Solutions, a provider of property and ownership information, analytics and services.
The study, "Residential Foreclosures: The Prevalence, the Power and the Opportunity," written by Christopher Cagan, Ph.D., director of research and analytics at First American Real Estate Solutions, quantifies the correlation between foreclosures as a percentage of total sales and the size of the discount buyers typically receive when purchasing foreclosure properties.
Read more: http://www.inman.com/inmannews.aspx?ID=48607