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Over One Million Foreclosures Last Year

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Uploaded by on Jan 21, 2011

The Hill reports that foreclosures are expected to peak while prices bottom out in 2011 as the nation's housing crisis trudges into its fifth year. Lenders repossessed more than 1 million homes in 2010, up 14 percent from the previous year and the most since 2005, according to a just released report by RealtyTrac, a California-based company that tracks the foreclosure market.

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  • It is all about jobs and jobs that pay well. No housing recovery until job market improves.

  • @rickbar123

    So true

  • I live in Canada, the price for 1 cauliflour is 4.99$. Bye friggin' food now and Peace and hope.

  • More deregulation, offshore more jobs, more tax breaks for the wealthy !!!

    (I want to be head of the GOP)

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