Homebuyers and investors have less interest now in buying foreclosed homes than they did a year ago, according to a new survey. If the attitude holds it will continue to raise concerns about who will buy all the repossessed homes coming on the market and the effect on a housing recovery. Consumers who would consider purchasing a foreclosure dropped to 45% this month from 55% last May, according to an online Harris Interactive survey conducted for Trulia.com and RealtyTrac.com. The Orange County Register reported that the survey shows that among those who cite a downside to buying a foreclosure-and there are actually somewhat fewer than last year: 78% vs. 85%-more are worried about the risk and possible loss of value than a year ago.
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