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March: Banks sold more homes than they acquired

In March the banks sold off more homes than they acquired through foreclosures for the first time in over two years.

As reported by Salestraq and shown below on the graph:

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Is this a start of a new trend? If banks keep aggressive pricing I bet that this will really be a new trend.



By John
Working in real estate since 2002. Real estate broker and mainly investor with real estate investments located in four states. E-mail


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