Ky. foreclosure discount one of highest in country
Posted: 12/03/2010
COLUMBUS, Ohio (AP) - If you're looking for a deal on a house, the Tri-State is a great place to buy.
Listing firm RealtyTrac, Inc. says the average sale price for a foreclosed home from July to September in Ohio was less than $80,000.
That is a 45 percent discount from the average selling price of properties that are not distressed, the highest in the country. Foreclosed Kentucky homes offered a 41 percent discount.
The average foreclosure discount nationwide during the quarter was 32 percent.
Copyright (c) 2010 The E. W. Scripps Company
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