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Worries amid foreclosure wave

Survey: Declining interest in buying foreclosed homes

A rising number of U.S. adults are worried about the potential negative aspects to purchasing a foreclosed home, according to survey results released Tuesday by online real estate company Trulia and foreclosure data provider RealtyTrac. Both companies also compiled a series of statistics on foreclosure properties to accompany the survey results. About 47 percent of the online survey's 2,033 respondents said they would consider purchasing a foreclosed home -- down from 54 percent in an April survey. The latest survey was conducted by Harris Interactive from Nov. 11-13 among U.S. adults 18 and up. The survey found that 80 percent of respondents believe there are negative aspects to purchasing a foreclosed home, a rise from 69 percent in the April survey. "What's significant about our findings is that just as the market is being flooded with more foreclosures, homebuyers are more hesitant to buy them," said Pete Flint, Trulia CEO and co-founder, in a statement. And Ri...