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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (79996)	3/14/2007 12:32:48 PM
From: Broken_Clock	Respond to of 110194

"It's true that [US] foreclosures could have a negative impact on the housing market if they continue to increase at this rate," said James Saccacio, CEO of RealtyTrac, recently. "In some of the more problematic local markets they already may be contributing to slowing home price appreciation and a glut of homes for sale. However, most local markets have been able to re-absorb foreclosure homes without seeing any major damage to the local economy." ++++++++++ lmao! guy is on crack.