Home sales drop 2.7 percent.
Foreclosures and other financially distressed sellers accounted for about 30 percent of the market.
With unemployment and foreclosures rising in the upper end of the housing market, "there will be plenty of more pain for higher-priced properties,"
http://finance.yahoo.com/news/Home-sales-drop-27-apf-2064841344.html?x=0&.v=6
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