Existing Home Sales Still Hindered by "Uber Tight" Lending Regs

``Distressed homes -- typically sold at discounts in the vicinity of 20 percent -- accounted for a 40 percent market share in March, up from 39 percent in February and 35 percent in March 2010. This pressured home prices lower....'' -- And other fun housing market data (not all is at dismal historical lows, but we are only slightly off the bottom in sales).