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.

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