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Investors drove home sales up 3.7 pct. in March

BY: Associated Press
POSTED: April 20, 2011
Tags: , , , , , , , , , ,

WASHINGTON — Investors drove up U.S. home sales last month, plunking down cash to grab cheap homes at risk of foreclosure. But first-time homebuyers, who are crucial to a housing recovery, stayed away. Sales of previously occupied homes rose last month to a seasonally adjusted annual rate of 5.1 million, the National Association of Realtors [...]


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Brendan Hogan is all smiles with his 1-year-old son, Declan, during the hooding ceremony Friday for graduates of the University of Maryland Francis King Carey School of Law at the Hippodrome Theatre. The University of Baltimore School of Law will hold its commencement ceremony Monday afternoon. (Maximilian Franz/The Daily Record)

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