Foreclosures squeezing US home prices and sales

Foreclosures squeezing US home prices and sales
WASHINGTON – Rising foreclosures are weighing on the US housing market, reducing prices and keeping new-home sales weak. Foreclosed homes are usually sold at steep discounts, thereby lowering average prices. And by expanding the supply of low-priced …
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Foreclosed Houses Become Homes for Indoor Marijuana Farms
On a suburban block with six family homes, palm trees and views of the surrounding green hills, nothing at 110 Windsor Court stood out. Its occupants, who had moved into the foreclosed house a few years earlier, were quiet types.
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