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Kitsap County Real Estate Market Blog
Friday, 20 November 2009
Record number of Distressed Home Sellers
See the link to our
http://avoidforeclosurebremerton.com
website where we document that
14.4% of all loans are 30 days or more behind in payments at the end of September 2009
according to figures released yesterday by the Mortgage Bankers Association. Prime loans rather than subprime loans are now dominating the distressed properties landscape and falling home prices and unemployment have combined to create a record number of property owners in distress.
POSTED BY: Hugh Nelson AT 12:02 am |
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