A Recovery Tipping Point
Regan Hagestad
July 18, 2015
It was a long road back, but it now appears the housing market has reached a point where fundamentals and home buyers are driving the market. RealtyTrac’s latest May U.S. Home & Foreclosure Sales Report brings good news. This report shows 24.6 percent of May’s single-family home and condo sales were all cash-based, and bank-owned sales were down 9 percent
