Foreclosure Sales Slip To 26Pc

Foreclosure sales made up 26% of total home sales in 2010, a decline from 29% the preceding year, according to RealtyTrac.

Foreclosure sales made up 26% of total home sales in 2010, a decline from 29% the preceding year, according to RealtyTrac. On average, foreclosed homes were selling 28% below the average price of non-distressed properties, compared with 27% in 2009. In addition, there were 22% fewer foreclosure sales in the fourth quarter than in the preceding three-month period, and 45% fewer than a year earlier.

Click here to read the release from RealtyTrac.