Equity home sales continue sharp upward trend as housing supply remains tight in distressed markets

LOS ANGELES, CA – August 22, 2013 – (RealEstateRama) — The share of equity home sales continued to grow in July, increasing on a monthly basis for 17 of the last 18 months, while distressed sales plunged by half compared to a year ago, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.