The National Association of Realtors said about 31% of last month’s sales were
of distressed homes, down from the 45-50% last month. Approximately 29% of June
buyers were first-time homeowners, up nearly 12 percentage points since June
2008.

The National Association of Realtors said about 31% of last month’s sales were
of distressed homes, down from the 45-50% last month. Approximately 29% of June
buyers were first-time homeowners, up nearly 12 percentage points since June
2008.
