Data: 1 In 4 Homes Deeply Discounted

from National Public Radio

Nearly one in four homes sold in the second quarter of this year were foreclosures, according to the research firm RealtyTrac. The company estimates banks will take over a record 1.2 million homes this year -- up from a million last year. Those foreclosed homes sold for 26 percent less compared to homes not in foreclosure.

Broadcast Dates

• Morning Edition, September 30, 2010