More Foreclosure Sales Moving Market to Recovery

Nearly one in four home sales in the fourth quarter of 2011 was a property in some stage of foreclosure, and that is not necessarily a bad thing explains RealtyTrac Vice President Daren Blomquist.

Blomquist explains how aggressively priced foreclosure properties will draw investors and home buyers into the market in greater numbers, helping to more quickly clear the shadow inventory of distressed properties dragging down the housing market.

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