2011-07-12ml-implode.com

``Housing prices have fallen 60 months in a row, according to Zillow.com. And if you think Zillow has it wrong... Case-Schiller's numbers are even worse. In 2006, banks repossessed roughly 270,000 homes in this country. In 2008, that number had skyrocketed to over 860,000 homes repossessed. In 2010, the number of repossessed homes topped 1,050,000... and that number would have been significantly higher... perhaps 250,000 higher, according to RealtyTrac... were it not for the foreclosure moratoriums following the robo-signing scandals that made headlines during the fourth quarter of that year.''



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