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Wednesday, May 29, 2013

Are Foreclosure Becoming a Rare Sale?

by Yvette Betancourt 


According to CoreLogic, foreclosure inventory continued to shrink in April.  24% down from last year.  The shadow of foreclosure and distress continues to fade.  Six states have year-over-year declines in the foreclosure inventory of more than 40 percent, and one of those states is  California.  How much of decline?  How about 50 percent. 

In today's market, standard sales have become the norm.  Every now and then you can spot a foreclosures/shortsale property.





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