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Foreclosed properties go for 14 cents on dollar

Started by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008
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Not sure if there is anything to do with the numbers, I just found this interesting... >> Foreclosed properties go for 14 cents on dollar More than 100 homes and lots were auctioned off in New York City for shadows of their former inflated values; a $595K Bahamas oceanfront acre fetched $84,000. http://www.crainsnewyork.com/article/20090817/FREE/908179976/1059
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