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Tag Archives: short sales

U.S. distressed housing falls to October ’08 levels, CoreLogic reports

n a sign the nation’s housing foreclosure crisis could be easing, the number of distressed dwellings that make up a “shadow inventory” has decreased across the country to fall 2008 levels, reports CoreLogic, a California-based real estate research firm. Short sales and sales of bank-owned houses are driving down the inventory, CoreLogic says, and notes the reduction of the shadow ...

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