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Thursday
Sep152011

Foreclosures back on the rise

While foreclosures have not slowed much, the new push by the banks is to move the pipeline along.  This means continued pricing pressures, but it also means continued buying opportunities while prices remain low with low interest rates.  In my opinion, we won't see this trend turn around until the jobs picture changes.

See the entire story on this link:http://finance.yahoo.com/news/Mortgage-default-warnings-apf-157937671.html?x=0

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