From Cutimes.com: RealtyTrac, a leading online real estate firm specializing in foreclosed properties, reported that homes in some stage of foreclosure made up 25% of real estate purchases in the third quarter of 2010.
The firm reported that almost 189,000 properties in some stage of foreclosure sold in the third quarter, a decrease of 25% from the previous quarter and 31% from the same period of last year……………………………………….Full Article: Source