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Monthly Archive for: ‘June, 2012’

Short Sales of U.S. Homes on Track to Exceed Foreclosure Deals

By John Gittelsohn – 2012-05-31T04:01:00Z   Short sales of U.S. homes rose to a three-year high in the first quarter as banks agreed to let more borrowers unload property at a loss, putting the transactions on pace to surpass deals for foreclosures, RealtyTrac Inc. said. Sales of homes in the pre-foreclosure process increased to 109,521, up 25 percent from a …

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