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The Flood of Foreclosures Shows No Sign of Ebbing

Posted By: Ted Harris, over 2 years ago (Report Spam)
Category: General Real Estate / Type: News
Source: cnbc.com

Every 13 seconds in America, there is another foreclosure filing. That's the rhythm of a crisis that threatens to choke off hopes for a recovery in the U.S. housing market as it destroys hundreds of billions of dollars in property values a year.