Month: September 2012

10% of U.S. August Home Sales were Short Sales

Ten percent of the total 4.82 million existing homes sold in August this year were short sales, this according to the latest National Association of Realtors (NAR) report. According to NAR, short sales sold for an average discount of 13% in August 2012. The nationwide median price of existing homes including single-family homes, condominiums, townhomes …

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