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Warren Group on Oct 2007 vs Oct 2006: Massachusetts Home Sal

 
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Joined: 14 Jul 2007
Posts: 0
Location: Greater Boston

PostPosted: Tue Nov 27, 2007 2:43 pm GMT    Post subject: Warren Group on Oct 2007 vs Oct 2006: Massachusetts Home Sal Reply with quote

Use this forum thread to discuss the following link.

Description: Warren Group on Oct 2007 vs Oct 2006: Massachusetts Home Sales Fall Dramatically - sales down 17.1%, nominal prices down 6.5%
URL: http://www.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&new ...truncated...
Info/Broken?: http://www.bostonbubble.com/link_info.php?id=1286

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JCK



Joined: 15 Feb 2007
Posts: 559

PostPosted: Tue Nov 27, 2007 4:42 pm GMT    Post subject: Reply with quote

I really like that the Warren Group is splitting out the foreclosure sales separately now.

I would be curious to know, historically, how much less (if any) foreclosed home typically sell for than their non-foreclosed upon equivalents. Of course, in a time when we're seeing record numbers of foreclosures, we might expect the foreclosure sale prices to have a broader impact on the market that in the past.
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