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The Numbers

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Dubious Praise: Alain Pinel agent Pacita Dimacali wrote in a recent Active Rain article that "The percent of bank-owned properties for sale is hovering in mid range, down from its highest level at 71% in Q1 2009. In the second quarter of 2011, it was 48.3% which is a bit promising since it is less than the previous two quarters" {emphasis in original}. Yes, we agree: down a lot... but still feels a little weird breaking out the champagne. - Anna Marie [Active Rain]