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Loan Modification

: Loan Modification & Home Loan News

Foreclosures, cash deals lifted January home sales

By Moe Bedard

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(Source: Associated Press/AP Online By DEREK KRAVITZ) WASHINGTON – More people bought previously occupied homes in January. But sales surged on a rising number of foreclosures and all-cash deals, and not first-time home-buyers. The rising number of distressed sales forced home prices down to their lowest level in nearly nine years, a troubling sign for [...]

Full post as published by Loan Modification & Home Loan News on February 23, 2011 (boomark / email).

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