Money
Assumption - on homes that are unavailable in foreclosure proceedings. Quarter transactions included in foreclosed homes
In process of foreclosure homes in the U.S. were sold at a discount of 26% in the second quarter - RealtyTrac reported today. Assets concerned about a quarter of the transactions mcd construction that are at some stage of mortgage arrears. 248 thousand houses mcd construction were sold in an insolvency and confiscated by the banks. Comes up 5% from the first quarter and down 20% from a year earlier, according to the Californian company.
Discount sales prices refers to the price of houses "problem" compared with the usual properties. About 24% of all homes sold in the second quarter are in the process of foreclosure, compared with 31% in the first quarter. The average price was 174 thousand compared to $ 171 thousand mcd construction dollars, the company said.
Foreclosures are added to the wave of supply U.S. Real shade rising unemployment benefits and end purchasers of homes. August home foreclosures reached a record third in five months - over 95 thousand. Home prices fell in July - the eighth consecutive month of declines.
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