Sales of bank-owned homes hit 5-year low in 1Q | West Central Tribune
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Sales of bank-owned homes hit 5-year low in 1Q

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By ALEX VEIGA

AP Real Estate Writer

ANGELES (AP) -- Sales of bank-owned homes have plunged to a five-year low, the latest evidence that the nation's foreclosure woes are easing as the U.S. housing market recovery gains momentum.

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