2008-06-02blownmortgage.com

"Stockton, California may have the dubious distinction of being the nation’s foreclosure capital. 3 out of every 4 homes in the city are in or headed to foreclosure according to Reuters. Realtors are actively discouraging people from trying to sell their homes as the number of foreclosures make it impossible for homeowners to get a price remotely close to their asking prices."


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