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distress

Good Riddance to . . . “Traditional Sales”

(The Term, Not the Type of Deal) In a post earlier this year titled, “Halftime at the Housing Recovery,” I posited that one sign that the housing market has fully recovered is that the percentage of lender-mediated sales (foreclosures and short sales) returns to pre-bust levels (5% or less). Want another sign? The term, “traditional...
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