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Report: Recovery Driven by Cash Buyers, Investors
September 26th, 2013 7:08 PM
The median sale price for a distressed residential property was $116,000, up one percent from a month ago but down three percent from a year ago, according to the August 2013 U.S. Residential Foreclosure and Sales Report released Thursday by RealtyTrac. The national median sales price for other residential properties was $175,000, up three percent from last month and up six percent from a year ago, making August the 17th consecutive month that home prices have increased annually.

http://www.dsnews.com/articles/report-recovery-driven-by-cash-buyers-investors-2013-09-26

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Posted by Teresa Molina on September 26th, 2013 7:08 PMPost a Comment

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