Foreclosure Discounts Reach Pre-Bubble Lows.

Calculated Risk, a financial blog, reports the mortgage technology firm FNC's Foreclosure Market Report indicates an improvement in the foreclosure market.

FNC’s report shows that foreclosure price discounts,...have dropped to pre-mortgage crisis levels at about 12.2% in Q4 2012. At the height of the mortgage crisis in 2008 and 2009, foreclosed homes were typically sold at more than 25% below their estimated market value.