‘Normal’ Home Sales Soar Despite Obstacles

While sales of distressed properties – foreclosures and short sales – have shrunk since the first of the year, a surge in sales of “normal” non-distressed properties has pushed total home sales through June 4.5 percent higher than last year even though buyers face tight credit and low inventories. With attention focused on extraordinarily tight [...]

‘Normal’ Home Sales Soar Despite Obstacles

While sales of distressed properties – foreclosures and short sales – have shrunk since the first of the year, a surge in sales of “normal” non-distressed properties has pushed total home sales through June 4.5 percent higher than last year even though buyers face tight credit and low inventories. With attention focused on extraordinarily tight [...]