Foreclosed Properties Liquidated At 40% Discount

Market distress hit its lowest point in 2008 and 2009 with more than 25% of foreclosed properties liquidated at a discount of over 40%, according to FNC, the technology provider.

Market distress hit its lowest point in 2008 and 2009 with more than 25% of foreclosed properties liquidated at a discount of over 40%, according to FNC, the technology provider. FNC also found that in 2010, while the bottom quartile continued to experience large price discounts, there were signs of “modest improvement” in the top three-fourths of the market.

Click here to read the release from FNC.

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