Bank and Freddie Mac Foreclosures Continue to Pull Home Prices Down
April 12th, 2011A recent report demonstrates that housing prices are still getting hammered by bank foreclosures and Freddie Mac foreclosures. Based on data released by CoreLogic, residential property prices in the U.S. have declined again in February 2011 compared with one year ago. In Oregon, prices of homes plummeted by nearly 10% in February compared with year-ago levels.
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