Wednesday, June 11, 2008

Foreclosures Make Up Majority of Sales in Sacramento

clipped from
If you want to buy a home in Sacramento, Calif., the banks have a deal for you.
The Sacramento Association of Realtors says that a whopping 65.5% of 1,654 homes sold by Realtors in May were bank-owned, foreclosed, homes. The median sales price in Sacramento County and the City of West Sacramento May was $230,250, down 34.2% from a year ago.
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