Applications for Home Loans Declined Despite Affordable Rates 
The number of U.S. borrowers who applied for home loans during the first week of July 2010 declined despite the low rates of mortgages. Mortgage rates have been on a decline since April.
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Las Vegas Builders React to Story on Foreclosure Crisis 
Las Vegas builders have reacted to a story on foreclosure crisis featured in a national newspaper. The story focused on building new homes amid the more than 9,500 unoccupied newly-built homes in the city.
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Great Opportunities in Detroit Foreclosure Investing 
Recent developments are affirming opportunities in Detroit foreclosure investing. GM is investing $120 million more in its Detroit-Hamtramck plant while a local association is enticing more business people to invest in the CEM neighborhoods.
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Prices Stabilize Amid Foreclosed Homes for Sale in Brooklyn 
Despite the high number of foreclosed homes for sale in Brooklyn relative to other New York City areas, the median sales price in Brooklyn in the first quarter fell only slightly to $466,000. In contrast, home prices in Queens fell sharply.
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Abandoned Foreclosure Animals in Phoenix Got a Donated Home 
Abandoned foreclosure animals in Phoenix got a new home after a real estate businessman donated a rental house for conversion into a halfway house for pets by the Lost Our Home Pet Foundation.
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Investors Making Money from Jacksonville Pre Foreclosures 
Investors are now earning from both Jacksonville pre foreclosures and completed foreclosures. Distressed sales accounted for more than 50 percent of total home sales in the Jacksonville metro area in February.
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Low-Cost Recycling, Foreclosed Homes Sale in Indianapolis 
Prospective participants in foreclosed homes sale in Indianapolis do not only discover affordable properties; they also discover various programs that make the lives of homeowners better.
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Bank Foreclosures Pushing Down Suburbs, UVA Professor Says 
Bank foreclosures have been occurring at higher rates in the suburbs as compared to cities, according to a UVA study. The crisis has been effecting changes in home ownership, suburban migration, urban development and business practices, the study sai...
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Home Foreclosures in Atlanta Also Surging in the Suburbs 
Home foreclosures in Atlanta are rising not only in the central areas of the city, but also in the suburban areas. In communities northeast of Atlanta, foreclosure activity surged by 77 percent in 2009.
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Brooklyn Home Foreclosures Marked Highest Pace in New York 
The pace of Brooklyn home foreclosures was the highest in January in New York City largely because of high unemployment. Foreclosure postings increased by 87 percent from January last year.
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$787-Billion Economic Package
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