short sales of u.s. homes on track to exceed foreclosure dealsshort sales of u.s. homes rose to a three-year high in the first quarter as banks agreed to let more borrowers unload property at a loss, putting the transactions on pace to surpass deals for foreclosures, realtytrac inc. said.foreclosure rates drop in grand rapidsdecrease is a reflected of year-to-year trend. foreclosures bounced up slightly in the grand rapids-wyoming housing market in march, but the area's foreclosure rate is down about a third of a point compared to last year.orlando foreclosure rate declinesforeclosure rates in the four-county orlando region decreased during march from a year earlier, according to new report from real estate research firm corelogic.foreclosure homes make up 26% of residential sales, report saysmore than a quarter of u.s. homes sold in the first quarter were bank-owned or in pre-foreclosure, according to a new report from realtytrac. |
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