Foreclosures rising as share of sold homes

A growing number of home sales are from foreclosures, especially in states hardest hit by the housing bust. The trend, which is putting additional pressure on home prices, is notable in several states, including Florida, according to a comparison of 2007 sales and foreclosure data.

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About the Author:

Greg Sullivan is the President of www.ByOwnerMLS.com, a For Sale By Owner MLS service, the leading real estate search engine of homes for sale by owner (FSBO). For more information, please visit www.byownermls.com.