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The average time to sell foreclosed properties down to 4.2 years

10 June, Il Sole 24 Ore

Property foreclosures decreased from 60,238 to 49,622 (-17.62%) in 2018, while the duration of proceedings has gone from 5 to 4.2 years. However, there is still a considerable amount of pending proceedings, 14% of which are older than 10 years.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi

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