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Written by Dr. Housing Bubble
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Friday, 26 November 2010 02:26 |
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The long road to a housing recovery – 279,000 California homes in shadow inventory. 2.1 million versus 4.85 million homes nationwide in the shadow inventory pipeline. Only 8,000 bank owned homes show up on the SoCal MLS yet statewide banks own 90,000 homes.
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