Crazy Number – 40% of March’s existing homes sales nationally were REO’s + Short Sales!

This certainly dampens the “increase” in March home sales from February…and credit continues to be tight. Credit scores now need to be 760 from 720.

According to DSNews – all cash sales had a record market share at 35% last month up from 27% from March 2010. 22% of the sales activity came from investors.

http://rcm.amazon.com/e/cm?t=debhalsey&o=1&p=8&l=bpl&asins=0470290307&fc1=000000&IS2=1&lt1=_blank&m=amazon&lc1=0000FF&bc1=000000&bg1=FFFFFF&f=ifr

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