A full 25% of the U.S. homes sold in Q3 were in some stage of the foreclosure process, reports...

|By:, SA News Editor

A full 25% of the U.S. homes sold in Q3 were in some stage of the foreclosure process, reports RealtyTrac, below the 37% peak in Q1 2009 but a world away from the 1% of 2005. Foreclosed properties sold for an average of 32% less than non-distressed properties.