Online marketplace of foreclosure properties, RealtyTrac, in its first U.S. Foreclosure Sales Report, revealed Wednesday that first-quarter foreclosure homes contributed nearly a third of all U.S. residential sales. In the corresponding quarter last year, foreclosure homes accounted for 37% of all residential sales. The average distress sales price was $171.97 thousand.
The first of a series of workshops on foreclosure prevention starts at 5:30 p.m. today in the Lyonia Community Room of the Deltona Regional Library.
Stark County foreclosure filings dropped off last year, but there may be a shift in who is targeted.
Foreclosure home sales in Kane County accounted for more than 45 percent of the county’s overall real estate market sales during the first quarter of this year, with an average discount of about 45 percent, according to data released today by RealtyTrac Inc.
The number of initial foreclosure filings in May fell by 7 percent in Westchester and 3 percent in Rockland but jumped 31 percent in Putnam when compared to April. Overall, Westchester and Rockland counties have reported declines for the past three months.
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