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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: last2no2	11/11/2006 4:39:30 AM
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Detroit Leads Nation in Foreclosures By 7 Action News Team November 10, 2006 The Detroit, Livonia and Dearborn housing market is at the top of a nationwide list of foreclosures for the third quarter of 2006. According to real-estate data firm RealtyTrac, the area saw more than 10,000 foreclosures. This market had 1 new foreclosure for every 80 households. That is 4 and a half times the national average. The Warren, Farmington Hills, Troy housing market is ranked number 29 on the list with more than 4,000 foreclosures. You can find out more about the RealtyTrac foreclosure rankings by clicking here. realtytrac.com

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