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Fancy Foreclosures on the Rise
December 5th, 2013 9:45 PM
Luxury homes are beautiful to look at, but difficult to maintain according to a recent report. Despite the continued decline of foreclosure activity in the country, luxury properties are going into foreclosure at a rapid clip. Overall U.S. foreclosure activity is down 23 percent year-to-date through October 2013, but foreclosure activity on homes in the $5 million-plus value range is up 61 percent from the same time period in 2012, according to RealtyTrac.

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Posted by Teresa Molina on December 5th, 2013 9:45 PMPost a Comment

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