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Foreclosures Hit 44-Month Low in July

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Uploaded by on Aug 10, 2011

RealtyTrac Senior Vice President Rick Sharga reports that nearly 213,000 U.S. properties received a foreclosure filing in July, down 4 percent from June and a 35 percent drop from July 2010. The nation's foreclosure rate fell as well to one in every 611 U.S. housing units with a foreclosure filing during the month.

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