• Some good tips to watch out for Short Sale Fraud http://bit.ly/ciPuJ7 LY #
• House votes to extend June 30 deadline http://bit.ly/d21bJT LY #
• 180,000 potential homeowners waiting to close by June 30 to receive the $8,000 tax credit http://bit.ly/90vkva LY #
• Foreclosure auction agent training now available! – http://eepurl.com/Dypf #
• Foreclosure alternative gaining favor http://bit.ly/chFcCH SC #

• Lowest interest rates since 1971 Freddie Mac keeps track http://nyti.ms/aC37bN LY #
• Enlightening article on Fraud http://bit.ly/bZMEMO LY #
• Michigan gets $155M to target foreclosures http://bit.ly/cLqXcS #realestate SC #
• Get Twitter updates via SMS by texting "follow foreclosure_com" to 40404 in the United States SC #
• 10 fastest growing counties in the US for Real Estate http://bit.ly/cxajLI LY #
• What Foreclosure.com might sound like if it was translated into music: http://bit.ly/aDj22M #codeorgan SC #
• Real estate agents: Spread your wings! June's edition of Agent University's newsletter is ready for your review http://ffs.cc/a/7kkrm9 TM #

Foreclosures continue to account for about a third of all existing homes sold in the United States, according to a report released today by the National Association of REALTORS® (NAR).

The May 2010 figures indicate that distressed real estate is still in high demand, representing 31 percent of completed transactions in the month that included single-family, townhomes, condominiums and co-ops.

By comparison, distressed home sales hovered around 33 percent of the market share in the previous month (it was also 33 percent in May 2009).

Overall, existing home sales were down 2.2 percent “from an upwardly revised surge of 5.79 million units in April.”

NAR President Vicki Cox Golder provides context:

“With distressed sales at roughly the same level as a year ago, the gain in home prices is a hopeful sign that the market is in a good position to stand on its own without further government stimulus. Very affordable mortgage interest rates and stabilizing home prices are encouraging home buyers who were on the sidelines during most of the boom and bust cycle.”

To start your home search today click here. Foreclosure.com has the best real estate deals in your area … so you better find them fast before someone else does!

• Training Day: REDC auction agent training now available through Foreclosure.com http://ffs.cc/a/30egwi TM #
• Deal of the Day, NBA Finals edition (Pt. 2) in L.A. 7br/8br mansion w/ $1 million instant equity. Save 40+ percent! http://bit.ly/aYeNBF TM #

• Survey: 77% of borrowers would not strategically default if underwater http://bit.ly/9SxRBV SC #
• Developer Talbott loses $39M foreclosure in Boca Raton, Florida http://bit.ly/dgj5eN #realestate SC #
• Going to #REBCOrl LY #
• http://bit.ly/9kXVhU #
• Hotel investor buys 9-year-old North Dallas Le Meridien Hotel out of foreclosure http://bit.ly/dfsxj5 #realestate SC #
• Bank offering loan modifications to 10,000 mortgage borrowershttp://bit.ly/coHDjH LY #
• Deal of the Day, NBA Finals edition in Boston, Mass. 9br/3br multifamily monster. Sale price = $210k. 5 stars! http://ffs.cc/a/o7xzvj TM #