Foreclosure sales accounted for 46 percent...

Foreclosure sales accounted for 46 percent of all residential sales in Georgia during the first quarter, the third highest percentage of any state.  The average price of a foreclosure-related sale in Georgia during the first quarter was $103,909, down 3% from the previous quarter and down 10% from the first quarter of 2011.  Pre-Foreclosure Short Sales hit a three year high, while the average price dipped to a record low.

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