31% of Home Sales in First Quarter Were Foreclosures
MIAMI, Fla. (SEND2PRESS NEWSWIRE) — Foreclosure Deals, an online leader in the foreclosed homes for sale listings and information industry, announced today that 31% of all residential properties sold in the first quarter of 2010 were foreclosure properties. Experts at the company believe the statistic shows that people are continuing to turn to the foreclosure market as a plentiful source of low cost homes.