Inside these posts: REOs

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.

 

Foreclosures make up 26% of home sales

Of all home sold in the U.S. last year, 26 percent were foreclosures and short sales, according to a RealtyTrac report released on Thursday. That’s down slightly from 2009, but a jump compared to 2008.

In Illinois, RealtyTrac said 29,194 distressed properties were sold, accounting for 26 percent of all sales last year. Get the full story »