Posted on 15. March 2012 08:19 by qgailr
Foreclosure sales dropped significantly in February, according to a report by ForeclosureRadar. Although sales to third parties, typically investors, were down month-over-month, as a percentage of all sales, third parties purchased a record 37.6 percent of foreclosures, up from 20.3 percent a year earlier, and just 2.2 percent in February 2008.