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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Drygulch Dan who wrote (123293)5/15/2008 3:57:02 PM
From: Jim McMannisRead Replies (1) of 306849
 
Luxury Foreclosures
Growing Number of Affluent Homeowners Can No Longer Afford Their Mortgages

washingtonpost.com

Real estate agents Beth Doman and her son, Joe, show a foreclosed home in Ashburn that originally sold for $1.2 million. It is on the market for $850,000. (Photos By Michael Temchine for The Post)
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