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Generally, distressed properties come at a 14 percent discount -- but some sell for more than market value, RealtyTrac says.
As existing-home sales touch highest point since September, the share of foreclosures may indicate better market health.
Less than 2.5 percent of home loans are in foreclosure, which may lead banks to be more aggressive.
'The O.C.' star is reportedly $100,000 behind on her mortgage payments.
Foreclosures themselves are down nearly 10 percent from last year, CoreLogic says.
Sin City's market remains affordable, even as distressed properties comprise less of the housing stock.
If homeowners aren't competing with banks when selling homes, the news may be good.
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