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Financial News
Existing Home Sales Constrained by Tight Supply, Prices Continue to Gain
Date: 6/26/2012 Limited supplies of housing inventory held back existing-home sales in May, but sales maintained a strong lead over year-ago levels and home prices are on a sustained uptrend in all regions, according to the National Association of REALTORS®. Total existing-home sales, which are completed transactions that include single-family homes, town......Read More
Demand for Foreclosures Triples Among Homebuyers
Date: 6/6/2012 - Interest in buying foreclosures has almost tripled among potential home buyers in the past two and half years, and 92.1 percent of those buyers plan to live in them rather than use them as investments, according to a new national survey released today by REALTOR.com. This suggests the stigma once associated with buying a foreclosure as ......Read More
