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Free Falling Foreclosures

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Uploaded by on Jun 16, 2011

The RealtyTrac May 2011 Foreclosure Market Reports shows that foreclosure activity decreased on a year-over-year basis for the eighth straight month, dropping to a 42-month low. But even as foreclosure activity continued to slow, the inventory of unsold bank-owned properties (REO) crept higher for the second straight month. RealtyTrac Senior Vice President Rick Sharga explains why.

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  • bullshit

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