Distressed sales continue downward trend; underwater homes gaining equity, C.A.R. reports

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    By CAR -

    LOS ANGELES, CA – May 22, 2013 – (RealEstateRama) — Distressed home sales continued to decline in April, as previously underwater homes rose in value, and the share of REO sales registered in the single-digits for the first time in more than five years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

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