20.04.2012 - Short sales pick up in housing market
Short sales outnumbered foreclosure sales in 12 states in January, indicating that more homeowners are finding an easier way out of a distressed home loan. Short sales which occur when a lender agrees to a home sale for less than what's owed were up 33% in January year-over-year, and preliminary February numbers also look strong, according to market researcher RealtyTrac...............................................Full Article: Source
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