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Brother, Can You Spare a Trillion?

As big banks on government life support — particularly Bank of America and Citigroup — continue to struggle amid rising fears that they are mortally wounded “zombie banks,” a growing chorus of industry leaders are calling for the...

Published Fri, Mar 6 2009 10:02 AM by Octavion

Filed under: Foreclosure Sales, foreclosures, ForeclosureTrends, mortgage meltdown, financial markets, real estate investing, foreclosure prevention, foreclosure deals
U.S. Home Prices Fall at Highest Annual Rate Last Quarter

U.S. Home Prices Fall at Highest Annual Rate Last Quarter International herald Tribune A widely watched index showed Tuesday that U.S. home prices tumbled by the sharpest annual rate on record in the fourth quarter and in December. The Standard &...

Published Tue, Feb 24 2009 8:34 AM by Octavion

Filed under: Real Estate Trends, foreclosure rates, foreclosure numbers, Foreclosure Sales, Recession, prices, housing, financial markets, RealtyTrac Inc., foreclosure filings
Most Buyers Expect At Least 25 Percent Discount on Foreclosures

More than three-quarters of all buyers expect a discount of at least 25 percent on a foreclosure purchase, according to survey results released today by RealtyTrac and Trulia. The survey also showed that 30 percent of adults expected a discount of 50...

Published Tue, Dec 16 2008 12:36 PM by darenb

Filed under: Foreclosure Purchase, Foreclosure Discount, Foreclosure Sales, Foreclosure Survey

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