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February 23rd, 2011 8:03 PM by Uletas Greene Carter

Sales of existing homes were up slightly in January which was the third straight month over month increase.
   Home sales have benefited from favorable conditions:  Mortgage rates are still low; there is a large number of homes to choose from.
  The National Association of Realtors reported that all-cash sales went up to 32% of the total, which is up from 26% a year earlier.  Also it is estimated that the percentage of investor purchases hit 23% up from 17% a year ago.  
Posted in:General
Posted by Uletas Greene Carter on February 23rd, 2011 8:03 PM



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