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Report: Sales of foreclosed homes fell in 1Q

May 26, 2011

LOS ANGELES (AP) -- Sales of homes in some stage of foreclosure declined in the first three months of the year, but they still accounted for 28 percent of all home sales - a share nearly six times higher than what it would be in a healthy housing market....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_FORECLOSURE_SALES?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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