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Archive for August 25th, 2011

25
Aug

Home Foreclosures 51% of California Home Sales

home foreclosures

home foreclosures

Home Foreclosures

The foreclosure listing firm RealtyTrac Inc. said in a report today that home foreclosures accounted for 31 percent of the market in the second quarter of 2011. The good news was that this was a smaller share of sales when compared to the previous quarter. Unfortunately this percentage of home foreclosure sales is approximately six times the amount that would be seen in a normal housing market! Read more »