Yes, foreclosure rates across the country continue to drop, yet West Palm Beach bargain-hunters can take heart: there still remain a goodly number of bank owned properties in West Palm Beach. According to the National Association of REALTORS®, distressed homes accounted for 24% of national December sales; a large proportion, but significantly down from the 32% of just a year ago. Also known as “real estate owned” (or REO) properties,

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