Distressed housing market shrinks dramatically since housing downturn of Great Recession

LOS ANGELES – March 12, 2014 – (RealEstateRama) — Vastly improved home prices over the past five years have changed the landscape of California’s distressed housing market, which is now just a fraction of what it was during the Great Recession, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today