``The unprecedented foreclosure rate and resulting lender repossessions of properties slashed home prices by more than one-third nationally, according to the S&P Case-Shiller Home Price Index, and by as much as 70 percent in the hardest-hit foreclosure states.

In 2000, census data show, the median "asking sales price for a single-family dwelling was $90,400. The asking price peaked in 2007 at $187,600. In the second quarter of 2012, after nearly five years of steady declines, it was $134,600.''

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