Foreclosed Home Sales Likely Driving Up U.S. Pending Home Saleshttp://www.mortgagenewsdaily.com/872008_Foreclosures.aspEconomists say the second unexpected rebound in three months in the U.S. pending home sales index is likely due to sales of foreclosed homes . The June report from the National Association of Realtors (NAR) defied expectations for a 1.0% decline and reboundedenCommunityServer 2008 SP2 (Build: 31106.96)