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April 04, 2008



How many of the home sales < $200K are foreclosure pickups? If the foreclosures were omitted from the data set, would even the lower brackets have negative numbers are far as home sales, etc.?

Jeff Allen

An excellent question, Troy and a tough one to answer with complete accuracy.

Anecdotally, I'm sure many agents (and their clients) would attest that the growth in activity in the lower price ranges very likely has something to do with the increase in foreclosures. But I don't have a hard-and-fast number I can provide you on that subject, unfortunately.

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