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IPFS News Link • Economy - Economics USA

Temecula, California: 15% of homes REO or in Foreclosure

• CalculatedRisk.blogspot.com
Today, said Rich Johnston, Temecula's deputy director of building and safety and code enforcement, as many as 15% of Temecula's 22,500 single-family homes are bank-owned or in some stage of foreclosure.

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