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Monday, July 14, 2008

Foreclosures Down 3% in June

RealtyTrac has said that foreclosures are down 3% nationwide in the month of June over last month, but higher than last year. Although we might not have gotten over all the foreclosures yet, this is a good time to remember that the real estate market will eventually absorb all this excess inventory and at that point prices will begin to rise. So if you're on the fence wondering about whether you should jump in, the answer is... YES!

Read the entire story here.

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