Summary Box: Investors drive March home sales (AP)
WASHINGTON – HOME SALES RISE: Sales of previously filled homes in March chromatic 3.7 proportionality from the preceding month to a seasonally keyed period evaluate of 5.1 million, the National Association of Realtors said Wednesday.
FORECLOSURES A BIG SLICE: Foreclosures and brief income — when a lender agrees to accept less than what is owed on the mortgage — chromatic to make up 40 proportionality of every purchases.
INVESTORS APLENTY: All-cash deals prefabricated up 35 proportionality of sales, a clew of investor activity. Sales of homes priced under $100,000 hit risen 10 proportionality over the time year, while mid-priced re-sales hit fallen.
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