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IPFS News Link • Economy - Economics USA

Foreclosures: Whopping 65.5% of Home Sales in Sacramento, Ca.

• WallStreetJournal.com
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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