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Real Estate Briefing - Categorized | Finance, Market Moves more

U.S. housing market flooded by short sales

Posted on 01 June 2012

Home sweet home has been anything but for scores of Americans these past few years, and the picture hasn’t brightened much to date. The housing market is still hurting and the foreclosure fiasco continues to loom despite record-low mortgage rates.
Homes in some stage of foreclosure accounted for more than one in four home sales during the first quarter of 2012, RealtyTrac reported………………………………………..Full Article: Source


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