Thursday, May 30, 2013 3:29:59 AM
A story from AP Mobile:
Sales of bank-owned homes hit 5-year low in 1Q
LOS ANGELES (AP) - Sales of bank-owned homes have plunged to a 5-year low, the latest evidence that the nation's foreclosure woes are easing as the U.S. housing market recovery gains momentum. For the January-March quarter, sales of bank-owned homes fell 16 percent from the previous three months and were down 23 percent versus the first quarter of 2012, foreclosure tracker RealtyTrac Inc. said Thu...
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