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Region 1: The price discount given to short-sales in Region 1 (Maine, New Hampshire, Vermont, Massachusetts, Rhode Island and Connecticut) rose slightly in the 4th quarter, the first increase after two consecutive declines. However, the price discount on foreclosures rose over this same time period.
Region 2: In Region 2 (New Jersey, New York, and Pennsylvania) the share of first-time home buyers edged upward in the 4th quarter after bottoming in the 3rd. First-time buyers clambered into the market to take advantage of tax credits in the first half of 2010.
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