Foreclosure Wave Averted as Doomsayers Defied

Stockton, California, has the highest U.S. foreclosure rate. It also has a housing shortage. The number of homes for sale in the city fell 42 percent in October from a year earlier. Listings routinely attract multiple offers. Prices are on the rise. When banks pulled back on foreclosures two…

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Foreclosure Wave Averted as Doomsayers Defied

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