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IPFS News Link • Economy - Economics USA

Foreclosures Now 41.1 Percent of Home Sales in Southern California

7-16-08 • CalculatedRisk.blogspot.com

Foreclosure resales continue to be a dominant factor in today's Southern California market accounting for 41.1 percent of all resales. That was up from 39.2 percent in May, and up from 7.3 percent in June a year ago.

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